While the stock market has staged a spectacular rebound over the past month, some stocks are more to thank than others. The S & P 500 has come back since a sell-off in early April following President Donald Trump’s announcement of steep tariffs. The broad index has erased losses for this year — an especially significant feat considering it at one point slipped into a bear market, or a drop of at least 20% from a recent high. A handful of stocks posted outsized gains during this period, a CNBC Pro analysis shows. CNBC Pro looked at which S & P 500 stocks have rallied the most since April 8, the day before Trump paused many of the “reciprocal” tariffs that had sent the stock market on a tailspin. Here are the 12 S & P 500 members that have soared more than 50% since that day, along with what Wall Street expects to happen next: Palantir has been one of the best performers, with shares surging more than 65%. The defense technology stock has become a retail investor favorite in recent months, and company executives said they expect to benefit from Trump and Elon Musk’s government efficiency initiative. Bank of America analyst Mariana Perez Mora, who has a buy rating on Tuesday, hiked her price target by $25 to $150. That implies a 17% upside from Tuesday’s close — far more bullish than the typical analyst polled by FactSet, who expects shares to slide more than 19% in 2025. “Palantir continues to demonstrate not all ‘AI’ offerings are created equal,” she wrote to clients, using the acronym for artificial intelligence. “We continue to remind investors Palantir’s value is creating outcome-focused bespoke AI-enabled products, at scale. We see PLTR as the market definer for organizations leveraging AI to drive accelerated tangible results.” TSLA 1M mountain Tesla in the past month Tesla , another retail investor favorite, also made the list with a 50.6% gain. The electric vehicle maker has been under scrutiny this year given Musk’s foray into politics. Similar to Palantir, Wall Street expects a pullback ahead after the stock’s big run. The average analyst price target suggests the stock will slide 8.5% from Tuesday’s closing price. One of those analysts expecting downside is Wells Fargo’s Colin Langan, who expressed concern about signs of weak markets in April sales data in a Tuesday note to clients. “April results show no signs of an inflection in deliveries that consensus expects. If the Model Y refresh won’t drive deliveries higher, we expect investors hopes will need to shift to the coming affordable model,” he told clients. But, “we are increasingly concerned that the new affordable model will cannibalize TSLA Model Y sales as it will have the same ‘form & shape’ as the current models.” Outside of tech, energy stock Vistra made the cut with a jump of 51.7%. Vistra was one of the top-performing stocks in 2024, with investors favoring the company’s role in providing energy for the AI data center buildout. Unlike Palantir and Tesla, the typical analyst surveyed by FactSet anticipates Vistra shares can rise another 10%.
These stocks are up 50% since the market’s low in April. Where analysts see them going from here
May 15, 2025
