5 Winning S&P 500 Stocks & Their ETFs Since Election
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
0mins
Source: NASDAQ.COM
Stock Market Surge Post-Election: Following Trump's election victory, many U.S. companies have experienced significant stock gains, with the S&P 500 ETF rising over 2.4% and top-performing stocks gaining at least 18% since Election Day, driven by anticipated policy changes and deregulation.
Top Performing Stocks: Notable stocks like Axon Enterprise, Tesla, Vistra Corp, EQT Corporation, and Palantir Technologies saw substantial increases in their stock prices due to factors such as government contracts, expected regulatory changes, and growing demand for AI technologies.
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Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to rise
30 Analyst Rating
12 Buy
11 Hold
7 Sell
Hold
Current: 381.590
Low
25.28
Averages
401.93
High
600.00
Current: 381.590
Low
25.28
Averages
401.93
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tesla Gains Approval for FSD Software in Europe
- Regulatory Approval Progress: Belgium and Denmark have approved Tesla's Full Self-Driving Supervised software, marking a significant step forward for Tesla in the European market, particularly in regions where regulation typically moves slowly, showcasing the company's efforts in driving technology compliance.
- Market Access Expansion: Belgium's approval makes it one of the EU countries to authorize the system, joining the Netherlands, Lithuania, Estonia, and Denmark, thereby enhancing Tesla's competitive position in Europe and its ability to collect real-world driving data.
- Software Commercialization Potential: Tesla is striving to prove that software can become a crucial part of its business, especially as competition in electric vehicles intensifies; this approval provides more market opportunities and real-world driving data for the company.
- Future Outlook: As Tesla expands in Europe, investors should watch for approvals from more countries for the FSD Supervised software, which will have significant implications for Tesla's market strategy and long-term growth potential.
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Analysis of SpaceX's IPO Prospects and Market Potential
- Musk's Vision: SpaceX CEO Elon Musk emphasizes in the IPO prospectus that the company's mission is to build the systems and technologies necessary for a multiplanetary life; however, the timeline for achieving this vision remains unclear, potentially affecting investor confidence.
- Market Size Analysis: SpaceX's total addressable market is projected to reach $28.5 trillion, with only $370 billion related to rockets, while $1.6 trillion is linked to the Starlink internet service, highlighting the company's significant potential in the AI sector.
- Investor Caution: Although Musk is known for his bold predictions, history shows that many promises have not been met on time, prompting investors to carefully assess the gap between his future commitments and actual performance.
- Importance of AI Strategy: The long-term value of SpaceX does not solely depend on realizing a multiplanetary civilization but should focus more on its strategic positioning in AI, particularly the $22.7 trillion market potential in enterprise applications, which may offer investors more stable returns.
See More
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- IPO Pricing and Market Expectations: SpaceX is set to debut on Nasdaq at $135 per share, establishing an initial market cap of $1.77 trillion, with widespread expectations of a significant price surge on its first trading day, reflecting strong investor confidence in its future performance.
- Market Value Predictions: According to Polymarket traders, there is an 84% chance that SpaceX will close above $1.8 trillion in market cap and a 69% chance of surpassing $2 trillion, indicating a bullish outlook on its growth potential.
- First Day Trading Potential: The expected jump of over 20% on its first trading day could elevate SpaceX's market cap to approximately $2 trillion, further solidifying its leadership position among global tech companies.
- Comparison with Competitors: Should SpaceX successfully exceed a $2 trillion valuation, it would join an exclusive group of only five other U.S. companies—Nvidia, Apple, Alphabet, Microsoft, and Amazon—highlighting its significance in the industry.
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Waymo Launches New Subscription Service Waymo Premier
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- Enhanced User Benefits: Subscribers can enjoy up to five free cancellations per month and earn 10% back in loyalty credits for each trip, reflecting Waymo's focus on meeting the needs of its power users and aiming to increase customer loyalty.
- Market Expansion Plans: Waymo plans to expand to London later this year, leveraging the new subscription model to strengthen its competitive edge in high-demand markets while providing an additional revenue stream to support its ongoing expansion.
- Financial Context: Despite Waymo's first-quarter losses widening to $2.1 billion and revenue dropping to $411 million, the $16 billion funding round completed in February has valued the company at $126 billion, indicating strong investor confidence in its long-term potential.
See More
SpaceX IPO Set to Generate Massive Returns for Early Investors
- Significant Returns: SpaceX's IPO aims for a valuation of approximately $1.8 trillion, positioning early investors like Ron Baron and ARK Invest to realize substantial paper gains, with Baron's investment growing from $2 billion to around $12 billion, highlighting the immense potential of early-stage investments.
- Asset Allocation Impact: As of March 31, SpaceX accounted for 33% of the Baron Partners Fund and 23% of the Baron Asset Fund, making it one of the firm's most consequential investments, reflecting its profound impact on portfolio performance.
- Technological Integration Outlook: ARK Invest views SpaceX as more than just a launch provider, as it builds vertically integrated AI infrastructure through projects like Starship and Starlink, driving the development of a larger space economy, showcasing strategic foresight.
- Institutional Investor Gains: Institutional investors, including the Ontario Teachers' Pension Plan and Washington University, are also set to benefit from SpaceX's IPO, with the former investing over $200 million in 2019 and the latter's stake now representing over 10% of its $17 billion endowment, underscoring SpaceX's investment appeal.
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- ASML's Unique Position: ASML is the only company globally producing the $400 million extreme ultraviolet lithography machine, and without it, leading chip manufacturers like TSMC, Samsung, and Intel cannot produce cutting-edge AI chips, underscoring its critical role in the global chip supply chain.
- Tax Incentive Support: SpaceX secured tax incentives for the Terafab project in Texas despite local opposition, which will help reduce project costs and accelerate construction, further solidifying SpaceX's position in the chip manufacturing sector.
- Employee Opposition: While Musk's remarks highlighted ASML's significance, some employees expressed opposition to his political involvement, arguing it conflicts with ASML's neutral values, potentially impacting the company's image and employee morale.
See More
Tesla Gains Approval for FSD Software in Europe
- Regulatory Approval Progress: Belgium and Denmark have approved Tesla's Full Self-Driving Supervised software, marking a significant step forward for Tesla in the European market, particularly in regions where regulation typically moves slowly, showcasing the company's efforts in driving technology compliance.
- Market Access Expansion: Belgium's approval makes it one of the EU countries to authorize the system, joining the Netherlands, Lithuania, Estonia, and Denmark, thereby enhancing Tesla's competitive position in Europe and its ability to collect real-world driving data.
- Software Commercialization Potential: Tesla is striving to prove that software can become a crucial part of its business, especially as competition in electric vehicles intensifies; this approval provides more market opportunities and real-world driving data for the company.
- Future Outlook: As Tesla expands in Europe, investors should watch for approvals from more countries for the FSD Supervised software, which will have significant implications for Tesla's market strategy and long-term growth potential.
See More
Analysis of SpaceX's IPO Prospects and Market Potential
- Musk's Vision: SpaceX CEO Elon Musk emphasizes in the IPO prospectus that the company's mission is to build the systems and technologies necessary for a multiplanetary life; however, the timeline for achieving this vision remains unclear, potentially affecting investor confidence.
- Market Size Analysis: SpaceX's total addressable market is projected to reach $28.5 trillion, with only $370 billion related to rockets, while $1.6 trillion is linked to the Starlink internet service, highlighting the company's significant potential in the AI sector.
- Investor Caution: Although Musk is known for his bold predictions, history shows that many promises have not been met on time, prompting investors to carefully assess the gap between his future commitments and actual performance.
- Importance of AI Strategy: The long-term value of SpaceX does not solely depend on realizing a multiplanetary civilization but should focus more on its strategic positioning in AI, particularly the $22.7 trillion market potential in enterprise applications, which may offer investors more stable returns.
See More
SpaceX Set to Debut on Nasdaq with High Market Expectations
- IPO Pricing and Market Expectations: SpaceX is set to debut on Nasdaq at $135 per share, establishing an initial market cap of $1.77 trillion, with widespread expectations of a significant price surge on its first trading day, reflecting strong investor confidence in its future performance.
- Market Value Predictions: According to Polymarket traders, there is an 84% chance that SpaceX will close above $1.8 trillion in market cap and a 69% chance of surpassing $2 trillion, indicating a bullish outlook on its growth potential.
- First Day Trading Potential: The expected jump of over 20% on its first trading day could elevate SpaceX's market cap to approximately $2 trillion, further solidifying its leadership position among global tech companies.
- Comparison with Competitors: Should SpaceX successfully exceed a $2 trillion valuation, it would join an exclusive group of only five other U.S. companies—Nvidia, Apple, Alphabet, Microsoft, and Amazon—highlighting its significance in the industry.
See More
Waymo Launches New Subscription Service Waymo Premier
- New Subscription Launch: Waymo has introduced a new subscription service called Waymo Premier, priced at $29.99 per month, aimed at enhancing user experience for riders in San Francisco, Los Angeles, and Phoenix with prioritized matching and exclusive benefits.
- Enhanced User Benefits: Subscribers can enjoy up to five free cancellations per month and earn 10% back in loyalty credits for each trip, reflecting Waymo's focus on meeting the needs of its power users and aiming to increase customer loyalty.
- Market Expansion Plans: Waymo plans to expand to London later this year, leveraging the new subscription model to strengthen its competitive edge in high-demand markets while providing an additional revenue stream to support its ongoing expansion.
- Financial Context: Despite Waymo's first-quarter losses widening to $2.1 billion and revenue dropping to $411 million, the $16 billion funding round completed in February has valued the company at $126 billion, indicating strong investor confidence in its long-term potential.
See More
SpaceX IPO Set to Generate Massive Returns for Early Investors
- Significant Returns: SpaceX's IPO aims for a valuation of approximately $1.8 trillion, positioning early investors like Ron Baron and ARK Invest to realize substantial paper gains, with Baron's investment growing from $2 billion to around $12 billion, highlighting the immense potential of early-stage investments.
- Asset Allocation Impact: As of March 31, SpaceX accounted for 33% of the Baron Partners Fund and 23% of the Baron Asset Fund, making it one of the firm's most consequential investments, reflecting its profound impact on portfolio performance.
- Technological Integration Outlook: ARK Invest views SpaceX as more than just a launch provider, as it builds vertically integrated AI infrastructure through projects like Starship and Starlink, driving the development of a larger space economy, showcasing strategic foresight.
- Institutional Investor Gains: Institutional investors, including the Ontario Teachers' Pension Plan and Washington University, are also set to benefit from SpaceX's IPO, with the former investing over $200 million in 2019 and the latter's stake now representing over 10% of its $17 billion endowment, underscoring SpaceX's investment appeal.
See More
Musk Highlights ASML's Importance in Chip Manufacturing
- Terafab Project: Musk emphasized during ASML's annual technology conference that the Terafab project will pivot SpaceX from rocket manufacturing to advanced chip production, with an estimated investment between $55 billion and $119 billion, reflecting a significant commitment to future technology.
- ASML's Unique Position: ASML is the only company globally producing the $400 million extreme ultraviolet lithography machine, and without it, leading chip manufacturers like TSMC, Samsung, and Intel cannot produce cutting-edge AI chips, underscoring its critical role in the global chip supply chain.
- Tax Incentive Support: SpaceX secured tax incentives for the Terafab project in Texas despite local opposition, which will help reduce project costs and accelerate construction, further solidifying SpaceX's position in the chip manufacturing sector.
- Employee Opposition: While Musk's remarks highlighted ASML's significance, some employees expressed opposition to his political involvement, arguing it conflicts with ASML's neutral values, potentially impacting the company's image and employee morale.
See More
