Top-performing S&P 500 stocks in 2024 included Palantir, Nvidia, and Vistra with significant returns.

From Nasdaq: 2025-01-20 04:38:00

The top-performing stocks in the S&P 500 last year included Palantir Technologies, with a 340.5% return and a market cap of $157.7 billion. Nvidia, an AI architecture company, saw a 171.2% return with a market cap of $3.27 trillion. Axon Enterprise, a law enforcement technology company, also made the list with a 130.1% return and a market cap of $45.3 billion.

Vistra, a company benefiting from AI applications, saw a 257.9% return with a market cap of $59.2 billion. United Airlines, an old-economy stock, experienced a 135.3% return with a market cap of $34.9 billion. Vistra’s growth was attributed to its acquisition of more nuclear power capacity and potential deals with cloud services companies.

United Airlines, the last on the list of top performers, appears poised for success in 2025 due to strong corporate and trans-Atlantic travel. Investors are optimistic about the airline industry’s discipline in capacity cutting and its potential for growth. Additionally, a “Double Down” stock recommendation has been issued for Nvidia, Apple, and Netflix, with significant historical returns.



Read more at Nasdaq: These Were the 5 Top-Performing Stocks in the S&P 500 in 2024