S&P 500 Stocks: AI Stock Super Micro Is Lapping The Field In 2024, Even Nvidia

From Investor’s Business Daily:

Nvidia has seen a strong performance in 2024, almost doubling in price. However, it is not the top performer in the S&P 500. It has been overtaken by Super Micro Computer, a new S&P 500 component, which has more than tripled in the new year. Other top performers in the S&P 500 include Constellation Energy, Meta Platforms, and Deckers Outdoor. On the other hand, Tesla and Boeing are the biggest losers in the S&P 500 this year. The S&P 500 overall is up 9.7% in 2024, reaching record highs last week.

Super Micro Computer’s stock has surged 242.2% in 2024, making it the best-performing stock in the S&P 500. Nvidia stock has also performed well, rising 90.4% in the same period. Constellation Energy stock is up 52.5%, while Meta Platforms and Deckers Outdoor have also shown positive growth this year.

Tesla and Boeing have experienced a decline in their stock performance in 2024, with Tesla being the worst performer in the S&P 500 so far. While Tesla stock rose slightly last week, it is still down 31.25% this year. Boeing has also struggled, facing challenges following an in-flight incident.



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