Palantir Technologies has emerged as the best-performing stock in the S&P 500 for 2024, with a remarkable increase of 360.6%. It has consistently ranked among the top stocks, also being recognized as one of the 100 best stocks of the year. In addition to Palantir, other notable performers in the S&P 500 include Vistra, which is up 262.6%, and Nvidia, which has risen by 176.7%. In the NASDAQ 100, Palantir also ranks highly, alongside AppLovin, which has surged by 741.1%, and MicroStrategy, up 422.5%. Nvidia has been particularly favored by retail investors, attracting nearly $30 billion in net inflows, making it the most-traded stock in 2024. The stock's valuation reflects its popularity, trading at approximately 47 times forward earnings estimates. As the year draws to a close, Palantir's impressive performance highlights its significant market presence.