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Here Are Last Year's Top-Performing Stocks From the S&P 500

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One of the most hated bull markets in history continued in 2024, building upon the prior year's gains in stellar fashion. The S&P 500 delivered a total return of 25% and has now entered the third year of its latest bullish run.
The article from MSN Money discusses the top-performing stocks from the S&P 500 in 2023, highlighting that despite a challenging economic environment, several companies managed to deliver exceptional returns. Notably, tech companies like Nvidia and Meta Platforms were among the leaders, with Nvidia's stock soaring due to high demand for AI and computing power, and Meta benefiting from a recovery in digital advertising and cost-cutting measures. Other sectors also saw significant gains; for instance, Royal Caribbean Cruises saw a resurgence in travel demand, while General Electric capitalized on the recovery in aerospace and energy sectors. The article points out that these performances were driven by a mix of sector-specific tailwinds, strategic corporate actions, and broader market trends, showcasing the resilience and adaptability of these companies amidst economic fluctuations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/here-are-last-year-s-top-performing-stocks-from-the-s-p-500/ar-AA1wRKZ1 ]