These were the 5 top performing stocks in the S&P 500 in 2024
This exclusive list addresses some of the year’s hottest investment topics. So let’s get straight into the five and why a couple in particular still look like good values.
It’s no surprise that artificial intelligence (AI) is a major theme represented. Palantir Technologies (NASDAQ: PLTR )that organization Develops software systems for AI and big data analysis, and AI architecture company Nivea (NASDAQ: NVDA ).
Law enforcement technology company Axon Enterprise (NASDAQ: AXON ) It made the list through its impressive growth, the launch of new Tasers and body cameras, and its adoption by law enforcement agencies.
|
Company |
Come back in 2024 |
Market cap |
|---|---|---|
|
Palantir Technologies |
340.5% |
157.7 billion dollars |
|
Look |
257.9% |
59.2 billion dollars |
|
Nivea |
171.2% |
3.27 trillion dollars |
|
United Airlines |
135.3% |
34.9 billion dollars |
|
Axon Enterprise |
130.1% |
45.3 billion dollars |
Source of information: Finviz.com
Look (NYSE: VST ) Data center companies have benefited from the boom in AI applications as they sign deals to buy nuclear power. They did this because nuclear power is carbon-free (helping data centers and cloud companies meet their emissions goals) and reliable.
It is Vistara Music that excited the market by acquiring additional nuclear power capacity by 2024. Although news of a fire at a California battery factory was briefly sent off, investors are eagerly awaiting news of a deal with the cloud services company. Stocks fell sharply on January 17.
Last on this list of top five performers in 2024 is the old economy; United Airlines (NASDAQ: UAL ). The airline industry It will avoid the risk of a freeze in 2024 and appears to have a more disciplined attitude towards capacity cuts when necessary. Additionally, corporate and transatlantic travelers will return strongly to 2025 (two areas of particular strength for United Airlines), the stock has every chance to outperform in 2025.
Have you ever felt like you missed the boat by buying the most successful stocks? Then you want to hear this.
Occasionally, our team of expert analysts a “Double bottom” stock Advice for companies who think they’re about to pop up. If you’re worried you’ve missed an investment opportunity, now is the time to buy before it’s too late. And the numbers speak for themselves-
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Nivea: If you invest $1,000 when we double in 2009, You will have $357,084!*
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Apple: If you invest $1,000 when we double in 2008, You will have $43,554!*
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Netflix: If you invest $1,000 when we double in 2004, You will have $462,766!*
