These outperforming stocks are still set to soar, analysts say, giving one 52% upside

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S&P 500 Index News

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CNBC Pro screened the S&P 500 and the MSCI World index to find out which stocks have already beaten the market this year but could still come out ahead.

The year has reached its halfway mark — and stocks are still adding on to gains. The S & P 500 hit yet another fresh record on Wednesday , as did the Nasdaq Composite. That brings the S & P 500 to gain 12.93% year-to-date. The market is fueled by tech stocks and the artificial intelligence boom, but it's uncertain whether it will keep reaching new highs the rest of the year — or even fall. Some say the U.S.

Pro used FactSet to screen the S & P 500 and the MSCI World index to find out which stocks have already beaten the market this year — but could still come out ahead in the second half of the year and beyond. These are the criteria we used: Up more than 13% so far in 2024. At least half of analysts rate the stock a buy. Consensus price targets offering upside of 20% and more. These stocks showed up.

 

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