S&P 500 SHOCKER: DOORDASH AND TKO GROUP JOIN THE ELITE RANKS!
In a jaw-dropping twist during the latest quarterly rebalancing, the S&P 500 has unleashed FOUR brand new titans into its prestigious club! Yes, you read that right! DoorDash, TKO Group Holdings, Williams-Sonoma, and Expand Energy have crashed the party, proving theyโre the stocks everyone will be talking about!
Amidst a turbulent market thatโs seen the S&P 500 tumble about 2% this year, these groundbreaking additions are turning heads with their phenomenal performances!
๐ DOORDASH SOARS TO NEW HEIGHTS!
Leading the charge is DoorDash, the food delivery powerhouse! This stock has skyrocketed 19% just this year, currently commanding about $200 per share. But waitโthere’s more! Over the past YEAR, it has blasted up by an astonishing 45%! Analysts are eyeing a tantalizing price target of $226, signaling a juicy 12.5% upside on the horizon!
๐ฅ TKO GROUP DOES IT AGAIN!
Next up, TKO Group Holdings, the juggernaut behind WWE and UFC, has practically exploded with an 8% gain YTDโthatโs a monstrous 79% surge in just ONE YEAR! Currently valued at $154, market experts are predicting a climb to $170, offering a solid 11% growth prospect!
โก EXPAND ENERGY RACES AHEAD!
Expand Energy is not trailing far behind; it has leapt 10% YTD and is up 26% in the last year, trading at around $109. The analysts have set their sights on a price target of $123.50, hinting at a potential 13% gain to come!
๐๏ธ WILLIAMS-SONOMA MAKES WAVES!
Then there’s Williams-Sonoma, which has taken a bumpy rideโdown 8% YTD but boasting a 9% growth over the last year, currently valued at $170. Good news for fans: theyโve just bumped up their dividend to 66 cents a share for the 19th consecutive year! Talk about commitment!
WHO GOT KICKED TO THE CURB?
With this explosive influx, itโs time for some stocks to pack their bags and say goodbye! BorgWarner, Teleflex, Celanese, and FMC Corp. have been ousted. Theyโve struggled this year, with losses ranging from 7% to 20%. But donโt count them out yetโBorgWarner could be a hidden gem, with a median price target predicting a dazzling 30% increase!
PALANTIR SNAGS SPOTLIGHT IN THE S&P 100!
In a stunning turn of events, Palantir has burst into the S&P 100 after being added to the S&P 500 just a month ago! Itโs the sensational star of 2024, boasting an insane 341% growth last year and another 26% climb this year, consolidating its reign as a top AI stock!
Joining Palantir in the S&P 100 are Intuitive Surgical and ServiceNow, while heavyweights Dow, Kraft Heinz, and Ford have been given the boot.
๐จ THE MARKET IS SHAKINGโDONโT MISS OUT!
Folks, the market is swirling with excitement! Keep your eyes peeled because these power players are not just making headlines; theyโre rewriting the game! Donโt let the action pass you byโthis is your moment to jump in before itโs too late!