TECH - Jim Cramer Shuns This Stock But It Has Left Nvidia Super Micro Biting The Dust On One-Year Returns | Benzinga
Seven out of the top 10 best-performing S&P 500 stocks over the past year belonged to the tech sector. There are no prizes for guessing that Nvidia Corp. (NASDAQ:NVDA) and Super Micro Computer, Inc. (NASDAQ:SMCI) are part of the elite list but what could catch most by surprise is a non-tech company topping the list.
Leading S&P 500 Leaderboard: Irving, Texas-based utility company Vistra Corp. (NYSE:VST) has gained over 250% over the past year and is the best-performing S&P 500 company in terms of returns.
Artificial Intelligence stalwart Nvidia, which is riding on the momentum set in motion by the technology, and AI server manufacturer Super Micro took the second and third positions, respectively, with gains of 239% and 203%, respectively.
The buoyancy continued this year. So far in 2024, Vistra, a relatively new addition to the S&P 500 ...