These 5 Stocks Account for 63% of the S&P 500 Returns So Far This Year. Can Their Dominance Continue?

We're officially halfway through 2024, and it's shaping up to be another great year for stock investors.

The S&P 500 produced a total return of 15.3% through the end of June. That's more than double its historical average for the first half of the year. Its continuous push to new all-time highs bodes well for the second half of the year, too.

If you look under the hood, the vast majority of the S&P 500's returns have been driven by just five stocks through the first half of 2024. The list isn't too dissimilar from the group of stocks that accounted for the bulk of 2023's return either. If you know about the "Magnificent Seven," you'll be familiar with these names. Can these five continue their dominance through the rest of the year?

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Source Fool.com