July 1, 2024, 11:27 p.m.
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These stocks have logged second-half gains every year for a decade — including an AI chip firm - CNBC

Investors could potentially benefit from holding shares in 14 global stocks over the next six months if history repeats itself. CNBC Pro conducted a screening of the MSCI World index and identified stocks that have consistently shown an upward trend in the second half of each year over the past decade. AI chip designer Broadcom, owner of the New York Stock Exchange Intercontinental Exchange, IT services firm CDW Corporation, defense firm Booz Allen Hamilton, healthcare firm Danaher, and Canadian convenience store operator Alimentation Couche-Tard were among the stocks on the list. Additionally, global insurance giants W. R. Berkley, Chubb, Swiss Life, Swiss Re, Munich Re, Assicurazioni Generali, and European investor Sofina experienced consistent growth between July 1 and December 31 every year from 2013 to 2023. Broadcom is predicted to have the second largest potential for upside, with analysts expecting its shares to increase by 18% in the next 12 months.

The stock has already risen over 40% this year. Sofina, a Belgian-listed investment trust, has the highest potential upside on the list, with analysts anticipating a 39% rise in its shares over the next 12 months, bringing it to a value of 300 euros ($322). The stock is currently trading at 26% below its net asset value. Alimentation Couche-Tard, listed in Canada but primarily generating profits in the U. S. , holds the largest position in the iShares S & P/TSX Capped Consumer Staples Index ETF, the only exchange-traded fund that has consistently recorded yearly gains for over a decade. Analysts at RBC Capital Markets have previously commented on the company's relatively recession-resistant business model. These findings by CNBC Pro align with a separate analysis of the past 50 years of MSCI World index price data, which revealed that when the index increased by more than 12% in the first six months of the year, it continued its upward trajectory in the second half approximately 83% of the time. Since the late 1980s, there has been a consistent pattern of markets rising in the second half of the year whenever they experienced an increase of more than 12% in the first half.

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