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3 stocks to join S&P 500 in 2025
CoinbaseCoinbase(US:COIN) Finbold·2024-09-06 08:07

Core Viewpoint - Despite bearish sentiment in the stock market and a weaker-than-expected labor market report, certain stocks have the potential to be included in the S&P 500 index next year [1][2]. Group 1: Potential S&P 500 Candidates - Palantir (PLTR): A strong candidate with a market cap of $68 billion, meeting all criteria for S&P 500 inclusion, including a public float of over 50% and positive earnings in the last four quarters [3][4]. The stock price is currently $30.16, with a year-to-date increase of 81.91% [4]. - Coinbase (COIN): Another potential candidate, Coinbase has a market cap of $42 billion and nearly $1.4 billion in net income over the past four quarters. The stock price is $159.70, reflecting a year-to-date gain of 1.80% [6][7]. - The Trade Desk (TTD): This technology company has a market cap of $50 billion, with revenue of nearly $1.1 billion and net income of $117 million for the first half of 2024. The current stock price is $103.54, showing a year-to-date increase of 46.68% [9][10]. Group 2: Market Context - The S&P 500 Index is a market-capitalization-weighted index of 500 leading publicly traded companies in the U.S., with specific criteria beyond market cap for inclusion [2]. - The overall market sentiment remains cautious, with investors concerned about the U.S. economy, despite the potential for these stocks to join the S&P 500 [1]. Group 3: Conclusion - These three stocks meet most criteria for S&P 500 inclusion, but the final decision will depend on the S&P 500 commission, with a timeline extending to 2025 [11].