Explore the top five performers of the S&P 500 in 2024, from AI powerhouses to surprising contenders. Discover the remarkable 340% surge of the leading stock and the driving forces behind its success. Dive into Palantir's impressive financial results, showcasing a net income of $144 million, fueled by AI's growing presence in government sectors. Uncover the dynamics that made these stocks soar and the future potential they hold.
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insights INSIGHT
Market Performance 2024
2024 was a strong year for the stock market, with the S&P 500 up 23% and Nasdaq up 29%.
A resilient economy, cooling inflation, earnings growth, and Fed rate cuts contributed to this success.
insights INSIGHT
Axon's Success
Axon, a company providing technology and weapons for law enforcement, saw a 130% stock increase.
Their success is attributed to consistent growth, recurring revenue from subscriptions, and ventures into AI and drones.
insights INSIGHT
United Airlines' Rebound
United Airlines unexpectedly achieved a 135% stock increase, returning to pre-COVID levels.
Increased travel demand, improved fundamentals, and less budget airline pricing pressure boosted their revenue.
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In this weekend's Deep Dive episode ofThe Rundown, we’re recapping 2024’s top five best-performing S&P 500 stocks. From AI giants to unexpected names, we’re breaking down why these companies skyrocketed, the factors driving their success, and what to watch for moving forward. Which stock took the top spot? Hint: It was up a staggering 340%! Tune in to find out.
The content of the video is for general and informational purposes only. All views presented in this show reflect the opinions of the guest and the host. You should not take a mention of any asset, be it cryptocurrency or a publicly traded security as a recommendation to buy, sell or hold that cryptocurrency or security. Guests and hosts are not affiliated with or endorsed by Public Holdings or its subsidiaries. You should make your own financial and investment decisions or consult respective professionals. Full disclosures are in the channel description. Learn more at Public.com/disclosures.Past performance is not a guarantee of future results. There is a possibility of loss with any investment. Historical or hypothetical performance results, if mentioned, are presented for illustrative purposes only. Do not infer or assume that any securities, sectors or markets described in the videos were or will be profitable. Any statements of future expectations and other forward-looking statements are strictly based on the current views, opinion, or assumptions of the person presenting them, and should not be taken as an indicator of performance nor should be relied upon as an investment advice.
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