The Top 5 Performing S&P 500 Stocks YTD in 2024

Market Beat
2024.11.08 13:25
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The S&P 500 has seen remarkable performance in 2024, with a 25.31% YTD return. Key drivers include monetary policy shifts and advancements in AI. The top five performers are: 1) Vistra Corp (+252% YTD), benefiting from nuclear power; 2) Palantir Technologies (+225% YTD), driven by AI demand; 3) NVIDIA (+200% YTD), fueled by GPU demand; 4) GE Vernova (+156% YTD), focusing on renewable energy; and 5) Targa Resources (+116% YTD), strong in energy infrastructure. These stocks have outperformed the broader market significantly this year.