Insiders Advisor
  • Stocks
  • World News
  • Business
  • Politics
  • Stocks
  • World News
  • Business
  • Politics

Insiders Advisor

Stocks

Strongest Top 3 S&P 500 Stocks: Will They Lead the Pack in 2025?

by December 31, 2024
December 31, 2024
Strongest Top 3 S&P 500 Stocks: Will They Lead the Pack in 2025?

The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024.

In terms of the performance of S&P 500 stocks, Palantir Technologies (PLTR), Vistra Corp (VST), and NVIDIA (NVDA) took the top 3 spots. But performance is just one measure, and there are several other benchmarks. One that’s worth considering is strength, and, as the year winds down, let’s look at which S&P 500 stocks ended the year as the technically strongest ones.

In the Sample Scan Library, if you run the S&P 500 Stocks under Predefined Groups and sort the results by the StockCharts Technical Rank (SCTR, pronounced S-C-O-O-T-E-R) from highest to lowest, PLTR takes the crown, followed by United Airlines Holdings Inc. (UAL) and then Tesla Inc. (TSLA). Let’s look at each of these stocks more closely.

PLTR Stock’s Ride to the Top

When PLTR’s stock went public in 2020, it was volatile — there was a lot of chatter about the stock in the media. But in 2022, the stock went through a slump. In 2023, it started showing signs of resurfacing, gaining strength, getting clobbered, and reviving itself before making its way to the top of the performance and strength category.

The daily chart below shows that PLTR’s stock price has had a SCTR score above 76 since early June 2024. During that time, the stock price stayed above its 50-day simple moving average (SMA), except for in August when it dipped below it for two trading days.

FIGURE 1. PLTR STOCK ENDED THE YEAR WITH THE HIGHEST SCTR SCORE. The stock has been in an uptrend since mid-2024.Chart source: StockCharts.com. For educational purposes.

PLTR stock was up 340.59% for the year and ended the year with a SCTR score of 99.7.

UAL Stock Takes Off

Airline stocks, in general, were hit hard by COVID-19, and the recovery has been slow. However, the resumption of travel by US consumers in 2024 helped many airline stocks, especially UAL.

After trading relatively sideways from 2020 to mid-2024, UAL’s stock price started a steep ascent in mid-September 2024. It crossed above its 50-day SMA and has remained above it for the year, hitting its altitude and now cruising at that level with some turbulence (see daily chart of UAL).

FIGURE 2. DAILY CHART OF UAL STOCK PRICE. Since September 2024, UAL has ascended steeply and hit cruising altitude.Chart source: StockCharts.com. For educational purposes.

 The SCTR score has remained above 76 since September 16. UAL stock gained 134.34% in 2024 and ended the year with a SCTR score of 99.1.

TSLA Stock’s Wild Ride

TSLA is a stock that has been front and center in investors’ minds and is one of the most actively traded stocks in the S&P 500. The price gained traction towards the end of 2019 and, even though it had a rough 2022 and a pretty choppy 2023, TSLA’s stock has shown its might towards the second half of 2024 (see daily chart of TSLA).

FIGURE 3. TSLA STOCK’S A LITTLE CHOPPY. Although it has had its ups and downs, the stock rallied during the last quarter of the year.Chart source: StockCharts.com. For educational purposes.

Since the end of October, TSLA’s SCTR score has remained above 76 and the stock price has remained above its 50-day SMA. TSLA’s stock price gained 62.52% in 2024 and ended the year with a 98.4 SCTR score.

The Bottom Line

Will these three stocks — PLTR, TSLA, and UAL — remain strong in 2025? Be sure to add them to your ChartLists so you can keep an eye on their performance.

If the SCTR score remains high, consider adding positions when price pulls back and reverses with a follow-through. If the stocks show signs of weakening, it’s time to reevaluate. Identify which stocks are taking their place, analyze each one, and determine if adding the strong ones can add muscle to your portfolio.

Scanning for S&P 500 stocks with high SCTR scores is relatively simple to do in StockCharts. There are many other scans to explore in the Sample Scan Library. The nice thing is the scans are already built for you — coding skills are not necessary! It’s something to consider for 2025.


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

previous post
Ukraine receives US natural gas shipment for the 1st time amid fresh supply fears
next post
Top Republican demands ‘costs’ for China after it hacked Treasury Dept in year marked by CCP espionage

Related Posts

Investing with the Trend book Review

August 26, 2024

SCTR Report: Unlocking TSLA’s Potential—What Every Investor Needs...

October 24, 2024

Equity Markets Struggle to Hold onto “Go” trend...

April 19, 2024

Top Ten Charts for August: Two Bearish Turnaround...

August 23, 2024

Surprise Negative Divergence on Nasdaq Advance-Decline Line

March 26, 2024

Is Market Breadth Signaling THE TOP?!

April 16, 2024

Week Ahead: NIFTY’s Behavior Against This Level To...

December 21, 2024

Spot The Warning Signs of Bankruptcy!

March 15, 2024

This Breadth Indicator Points to More Downside –...

August 2, 2024

The BULL Case for BITCOIN

May 3, 2024

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Latest News

    • Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

      July 10, 2025
    • ‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

      July 10, 2025
    • Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump’s command

      July 10, 2025
    • SCOOP: Sen Ron Johnson readies subpoenas for FBI, DOJ in Butler shooting probe

      July 10, 2025
    • Jackson defends controversial, fiery SCOTUS dissents as telling people ‘how I feel’

      July 10, 2025

    Categories

    • Business (1,303)
    • Politics (6,343)
    • Stocks (904)
    • World News (460)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: insidersadvisor.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 insidersadvisor.com | All Rights Reserved