Only one Mag 7 name is in the top 20 S&P 500 YTD performers
Wall Street is heading into the last leg of trading for the month of July, with investors having observed a 0.8% decline in the benchmark S&P 500 (SP500).
The S&P 500 now has five months left in this year and the narrative is switching to a rotational move versus the first half story of condensed returns by the magnificent seven stocks.
When looking at the year-to-date performances of the S&P 500 constituents, only shares of Nvidia (NVDA) crack the top 20 as all other magnificent seven stocks didn’t make the cut. Outlined below are the market’s top 20 best performers of 2024 that sit inside the S&P 500.
Top 20 S&P 500 Performers Year-to-Date
No. 20: RTX (RTX) +37.5%.
No. 19: 3M (MMM) +37.6%.
No. 18: Garmin (GRMN) +37.9%.
No. 17: Fair Issac (FICO) +38.1%.
No. 16: Leidos (LDOS) +38.6%.
No. 15: Hartford Financial Services (HIG) +38.8%.
No. 14: Brown & Brown (BRO) +39.4%.
No. 13: Netapp (NTAP) +40.2%.
No. 12: Universal Health Services (UHS) +41.7%.
No. 11: NRG Energy (NRG) +42.1%.
No. 10: Constellation Energy (CEG) +42.4%.
No. 9: Iron Mountain (IRM) +43.5%.
No. 8: KKR (KKR) +43.7%.
No. 7: Targa Resources (TRGP) +53.6%.
No. 6: Mohawk Industries (MHK) +55.1%.
No. 5: GE Aerospace (GE) +66.2%.
No. 4: Howmet Aerospace (HWM) +72.7%.
No. 3: Vistra (VST) +81.4%.
No. 2: Nvidia (NVDA) +112.3%.
No. 1: Super Micro Computer (SMCI) +134.9%.