Will DJT outperform the S&P 500 in 2024?
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At the end of 2024, will Trump Media & Technology (DJT) stock will have outperformed the S&P 500 index?
Note: DJT IPO’d in March, so the YTD will be March - December, in comparison to the S&P’s January - December.
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Putting a small bet on yes, because while this business is a total failure on economic fundamentals, I expect it to be carried by Trump sycophants and/or wealthy foreign investors looking for favors if Trump gets elected again. At least until such time as Trump dumps the stock, which could happen before EOY. I definitely don’t have enough confidence to put actual money on this.