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  • Writer's pictureRealFacts Editorial Team

Top 5 Performing Stocks in the S&P 500 for June


Graphs on a phone

As June draws to a close, it's time to identify which stocks delivered the strongest performance over the past month. Many investors might expect Nvidia to be among the top performers, but surprisingly, the AI giant didn't even break into the top 10 in the S&P 500. Despite this, Nvidia still showed resilience, gaining around 13% for the month as of the June 27th closing price. The company would have likely been one of the top gainers if not for a bearish reversal since June 20th, which caused the stock to drop from intraday highs of $140 to now trading around $123. With Nvidia out of the way, let's focus on the five top-performing companies as of June 27th.


Leading the pack is CrowdStrike (CRWD), which is up 23.5% for the month. CrowdStrike Holdings, a global cybersecurity solutions provider, recently joined the S&P 500 on June 24th. The company's impressive 34% revenue gain and optimistic future guidance have driven its remarkable performance in June. 


The second top-growing company is Carnival Corporation (CCL), which marked a 23.3% gain. Carnival operates cruise ships globally, offering leisure travel services under brands like Carnival Cruise Line, Princess Cruises, and Holland America Line. The stock had traded relatively flat in 2024 until a surprise profitable report for the fiscal second quarter caused it to jump around 16%. This profit surprise led several analysts to raise their price targets, contributing to the newfound positive investor sentiment. 


In third place is the creative software company Adobe (ADBE), which saw a 22.9% rise in June. This increase followed the company's better-than-expected second-quarter earnings report on June 13th. Additionally, Adobe raised its full-year outlook, sparking optimism for future growth. The positive earnings report led to an immediate 16% jump in the stock price, with further gains continuing throughout the month.


Next is Autodesk (ADSK), posting a 20.9% gain for the month. Autodesk, a multinational software company renowned for its flagship product, AutoCAD, used in architecture, engineering, and design, has experienced improving growth in the last quarter. This positive momentum contributed to the significant upswing in its stock price in June.


Finally, securing the fifth spot is the database giant Oracle (ORCL), which saw a 19.5% increase. This boost was largely fueled by the recent announcement of Oracle's partnership with Google and OpenAI. This collaboration holds the potential to drive Oracle's business toward continued growth, sparking greater investor optimism about the company's future. 

The substantial gains seen by these companies contributed to the S&P 500's nearly 4% increase for the month. If these gains were to continue at this pace, they would annualize to nearly 50%, which is a remarkable return. Investors should keep an eye on economic indicators and individual stock movements to determine whether this bull market will reach new highs or face a bearish reversal.

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