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Nvidia's Stock Is No Longer the S&P 500's Top Gainer This Year. Here's What Is
Investors have been turning beyond the chip sector as a way to play the AI and data-center booms. Investors have found another major way to play the artificial-intelligence trend besides semiconductor stocks, and that's led to a changing of the guard atop this year's list of the best S&P 500 performers.Vistra Corp. shares overtook Nvidia Corp. shares last week to become the top performer in the S&P 500 SPX on a year-to-date basis. That's an impressive feat for an electricity company that's hardly a household name.Through Friday's close, shares of Vistra were up 180% on the year, while shares of Nvidia were up 134%. Shares of Constellation Energy Corp. , another play on nuclear power, ranked third with a 118% year-to-date gain.What's fueling the big moves in Vistra and Constellation shares lately?Additionally, Jefferies made the case that the company isn't just a data-center play. Vistra stands to benefit from "the general increase in power and capacity prices, higher plant utilizatio
Nvidia's Stock Is No Longer the S&P 500's Top Gainer This Year. Here's What IsDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.