A TikTok video titled "6 Stocks for 2024! Part one" by @overlookedalpha featured three stock picks: Take-Two Interactive, Alphabet, and Zillow, which collectively underperformed compared to the S&P 500 ETF. While Alphabet saw significant gains, Take-Two and Zillow lost value, highlighting the inconsistency of stock-picking advice on platforms like TikTok. Despite the success of some TikTok stock picks, the market's overall performance suggests that investing in index-tracking ETFs might be a more reliable strategy, especially considering the strong influence social media has on younger investors.
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