No. of Recommendations: 8
The S&P 500 delivered a return of
25% in 2024. This follows a return of 26.3% in 2023. Which means the S&P 500 is up
57.8% since 1/1/2023, the best 2-year return since 1997-98.
How have you all been doing? Have you been making serious hay while the sun has been shining?
Here are the 20 best performing stocks in the S&P 500 in 2024. Of these, 2 are in textiles and apparel, 4 are utilities that produce electricity, 2 are in aerospace, 1 is an airline and 1 is a cruise ship. Only one of the Mag 7 is in the Top 20. Does this list surprise you?
Rank Ticker Company Name Industry 2024 Return
----- ------ ------------------ -------------------- -----------
1 PLTR Palantir Technologies Software 340.50%
2 VST Vistra Corp Electricity Producers 261.30%
3 NVDA NVIDIA Corp Semiconductors 171.20%
4 GEV GE Vernova Inc Electrical Equipment 150.80%
5 UAL United Airlines Passenger Airlines 135.30%
6 AXON Axon Enterprise Inc Aerospace & Defense 130.10%
7 TPL Texas Pacific Land Corp Oil and Gas 115.30%
8 AVGO Broadcom Inc Semiconductors 110.40%
9 TRGP Targa Resources Corp Oil and Gas 110.10%
10 HWM Howmet Aerospace Inc Aerospace & Defense 102.70%
11 CEG Constellation Energy Corp. Electric Utilities 92.70%
12 ANET Arista Networks Inc Communications Equip. 87.70%
13 GDDY GoDaddy Inc IT Services 85.90%
14 NFLX Netflix Inc Entertainment 83.10%
15 TPR Tapestry Inc Textiles and Apparel 82.80%
16 DECK Deckers Outdoor Corp Textiles and Apparel 82.30%
17 APO Apollo Global Management. Financial Services 79.90%
18 KKR KKR & Co Inc Capital Markets 79.60%
19 RCL Royal Caribbean Group Travel and Leisure 79.00%
20 NRG NRG Energy Inc Electric Utilities 78.60%
Wishing you all a Happy and Prosperous 2025.
Mechinv
