Nvidia And These Surprise AI Darlings Are 2024's Best Stocks [Forbes]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Forbes
winners as the S&P rose to a record high, including a sector typically viewed as an underperformer during macroeconomic periods similar to today's. It shouldn't be much of a surprise that Nvidia was the S&P 500's best stock. Nvidia 's 150% return since the end of last year is the best of the roughly 490 S&P components listed on the benchmark American equity index for the entirety of 2024 (data storage leader , General Electric spinoff GE Vernova and private equity giant KKR were among the about 10 midyear additions). Growing its market value from $1.2 trillion to over $3 trillion, Nvidia rode its 600% annual profit growth and the potential to further capitalize on its graphics processing units (GPUs) which power mush of the generative AI revolution, its success as the S&P's biggest first-half and full-year winner in 2023. Super Micro is the S&P's top year-to-date returner among today's constituents at 188%, but all of its gains came before it joined the index March 18, as its
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News
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- General Electric (NYSE: GE) had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $212.00 to $235.00. They now have a "buy" rating on the stock.MarketBeat
GE
Earnings
- 7/23/24 - Beat
GE
Sec Filings
- 10/2/24 - Form 4
- 10/2/24 - Form 4
- 9/5/24 - Form 4
- GE's page on the SEC website