These Are the 5 Top-Performing Stocks in the S&P 500 With 2024 Almost Over

Group 1: Company Performance - Vistra (VST) stock increased by 265%, with revenue and net income up 13% and 38% respectively in the first three quarters of the year, benefiting from the growth of power-hungry data centers [1] - Axon Enterprise (AXON) rose by 141% year to date, achieving its 11th consecutive quarter of over 25% growth, with Q3 revenue up 36% year over year, driven by demand for Taser 10 and related products [2] - Palantir Technologies (PLTR) stock surged 370% year to date, following a nearly tripled stock price in 2023, attributed to accelerating revenue growth from its AI software [4] - Nvidia (NVDA) shares increased by 182%, reporting a 94% year-over-year revenue increase in the most recent quarter, driven by high demand for advanced AI chips [5] - GE Vernova (GEV) shares rose by 146% post-spin-off from General Electric, with potential benefits from a "super cycle" in power grid infrastructure due to increasing power needs and energy security [6] Group 2: Market Trends - The S&P 500 index is up 25% year to date, with several top gainers benefiting from the growth in artificial intelligence [3] - The top gainers for 2024 were underappreciated stocks, which contributed to their significant price increases, indicating that stocks trading at reasonable valuations may present future investment opportunities [7]