Nvidia (NVDA) has captured the almost undivided attention of Wall Street, as the stock is at the epicenter of the artificial intelligence (AI) boom. The chip designer has more than doubled in value in 2024, and surged almost 800% since late 2022, valuing it at a market cap of over $3 trillion today.
While Nvidia remains a compelling investment, investors shouldn't overlook these three standout mega-cap stocks that have surged over 40% in 2024, outpacing the S&P 500 Index ($SPX) and its 18% return by a wide margin.
