As 2024 concludes, investors await the Santa Claus rally lifting stocks in the last week of December and the January effect to kick in the following month. The January effect occurs when investors buy back into the market after taking their tax losses and selling their underperforming stocks to offset capital gains from cashing in on their winners. The net effect can be a sustained market rally throughout January. However, history is no guarantee of future results. Nonetheless, here are two financial technology stocks in the computer and technology sector to buy now for a potential January effect next month.
