SA subscribers believe this will be the top-performing S&P 500 stock in H2

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Surprise, surprise. The AI rally looks like it is here to stay, based on the latest Wall Street Breakfast poll.

Nvidia (NASDAQ:NVDA) was the clear winner when asked what would be the best-performing S&P 500 stock in the second half of 2024, garnering 31% of the more than 500 responses to the survey.

Other Big AI names also scored silver and bronze, with Microsoft (MSFT) and Apple (AAPL) receiving 8% and 6% of the total vote, respectively.

Out of the long list of S&P 500 stocks, Nvidia (NVDA) soared 149% in 1H24, coming only second to the 188% return of fellow AI play Super Micro Computer (SMCI). The pair also helped the benchmark index ink continuous record closing highs, with a total of 31 notched YTD.

SA subscribers have recently weighed in on many market-related topics, as well as those connected to asset allocation and the economy. Discover the results of recent surveys and sentiment rankings below.

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