4 Top Stocks in the S&P 500 ETF That More Than Doubled in 2024 [Yahoo! Finance]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Yahoo! Finance
The S&P 500 wrapped up 2024 with another solid gain of 23.3% after a 24.2% jump in 2023. This marks the two consecutive annual gains above 20% and the best two-year cumulative gain of 53.2% since 1997-98. The enthusiasm surrounding AI, rate-cut wave and Trump's trade have been the major drivers. SPDR S&P 500 ETF Trust SPY, the proxy version of the S&P 500 Index, gained 25.5%. While many stocks powered the ETF, we have highlighted four that more than doubled and have a solid Zacks Rank #1 (Strong Buy) or #2 (Buy). These are Palantir Technologies Inc . PLTR, Vistra Energy Corp . VST, NVIDIA Corporation NVDA, and United Airlines Holdings, Inc. ( UAL). You can see the complete list of today's Zacks #1 Rank stocks here The adoption of AI has propelled big tech stocks to new highs. The so-called "Magnificent Seven" stocks have been on a spectacular ride this year and are one of the big forces driving the broad market rally. The Magnificent Seven market-cap valuation surpassed $18 trill
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News
- Analysts reveal top AI stocks for 2025, including Nvidia and Palantir [Yahoo! Finance]Yahoo! Finance
- Should You Forget Palantir and Buy These 2 Tech Stocks Instead? [Yahoo! Finance]Yahoo! Finance
- These Stocks Moved the Most Today: Tesla, Palantir, Vistra, Nvidia, SoFi, MicroStrategy, Apple, and More [Yahoo! Finance]Yahoo! Finance
- Veteran trader who correctly picked Palantir as top stock in 2024 reveals best stock for 2025 [Yahoo! Finance]Yahoo! Finance
- Here Are Last Year's Top-Performing Stocks From the S&P 500 [Yahoo! Finance]Yahoo! Finance
PLTR
Earnings
- 11/4/24 - Beat
PLTR
Sec Filings
- 1/2/25 - Form 144
- 1/2/25 - Form 144
- 1/2/25 - Form 144
- PLTR's page on the SEC website