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HomeFinance News8 Promising Hot Stocks Missing from the S&P 500, But Deserving Your...

8 Promising Hot Stocks Missing from the S&P 500, But Deserving Your Attention

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The S&P 500 index is known for including the best big stocks, but a recent analysis by Investor’s Business Daily has found that there are eight giant stocks not included in the index that have been outperforming the S&P 500 this year. These stocks, including Dell Technologies, The Trade Desk, and Apollo Global Management, have seen average gains of over 40% year to date, compared to the S&P 500’s 13% gain. Despite not being in the S&P 500, these companies have market values of at least $30 billion and have posted profits in the past 12 months.

One of the standout stocks is Dell Technologies, a global technology leader with a market value of $50 billion. Although it would rank as the 155th most valuable stock in the S&P 500, it is not included in the index. However, its shares have surged over 74% this year, far outpacing the S&P 500. Similarly, The Trade Desk, a well-managed online advertising company, is expected to join the S&P 500 in the future due to its strong performance. These examples highlight that while the S&P 500 captures the majority of large U.S. stocks, there are still noteworthy winners outside the index.

The omission of these high-performing stocks from the S&P 500 is significant, especially considering their profitability and substantial market values. While the S&P 500 covers most big stocks investors would want to own, the performance of these outliers underscores the potential missed opportunities for investors solely focused on the index.

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