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5 FTSE 250 stocks Fools are backing for promotion to the FTSE 100 this year

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The article from MSN Money discusses the potential promotion of several FTSE 250 companies to the FTSE 100 index in 2024. It highlights five stocks that analysts and investors, referred to as "Fools," are backing for this transition. These include Hochschild Mining, which has seen a significant share price increase due to rising gold and silver prices; Helios Towers, benefiting from the expansion of mobile networks in Africa; Trustpilot, which has shown strong growth in its online review platform; Jupiter Fund Management, despite facing challenges, is expected to recover with market improvements; and Darktrace, a cybersecurity firm with robust growth prospects. The article explains that promotion to the FTSE 100 is based on market capitalization, and these companies are poised for such a move due to their performance and market conditions.

Read the Full MSN Article at:
[ https://www.msn.com/en-gb/money/top-stocks/5-ftse-250-stocks-fools-are-backing-for-promotion-to-the-ftse-100-this-year/ar-AA1yFOUQ ]