Prediction suggests Nvidia, Super Micro Computer, and Eli Lilly will be top S&P 500 performers.

From Nasdaq: 2024-08-24 05:50:00

1. Nvidia is the top performer in the S&P 500 with shares up over 150% this year. Predictions suggest another 20% jump by year-end. A blow-out quarter and upcoming chip launch are fueling investor optimism.

2. Super Micro Computer ranks as the S&P 500’s second-best stock this year with a 115% surge. The AI tailwind and strong revenue growth signal continued success. Nvidia’s chip launch could further boost Supermicro’s performance.

3. Eli Lilly could surpass other S&P 500 stocks by year-end. The tirzepatide franchise is a major driver, with blockbuster drug sales and potential new approvals. FDA-approved Alzheimer’s drug Kisqali also presents growth opportunities for the pharma giant.



Read more at Nasdaq: Prediction: These Will Be the Best-Performing S&P 500 Stocks of 2024