Meet the Newest Stock in the S&P 100. It Soared 430% Since the Start of Last Year, and It's Still a Buy Right Now, According to 1 Wall Street Analyst.
This artificial intelligence (AI), data mining, and software specialist was added to the benchmark S&P 100 index after years of impressive growth.
The S&P 500 (SNPINDEX: ^GSPC) is the most widely recognized benchmark of the U.S. stock market, made up of the 500 largest companies in the country. Given the scope of its member companies, it is considered by many as the most dependable gauge of overall stock market performance.
To be included in the S&P 500, companies must meet the following requirements:
The S&P 100 is a subset of that benchmark and represents the largest, most well-established companies in the index.
