8 Large Cap Stocks That Outperformed Nvidia Over The Past Year

Surbhi Jain

June 19, 2024

Nvidia Corp. (NASDAQ:NVDA) has undeniably been one of the most remarkable success stories in the stock market.

The company’s staggering 591,078% return since its 1999 initial public offering, driven by strategic bets on graphics chips and artificial intelligence technology, has catapulted it to the top of the tech world. The stock has surged 217.58% over the past year, 173.78% year-to-date.

But several other large-cap stocks have outperformed Nvidia over the past year. Here are eight of them:

Also Read: Here’s How Much You Should Have Invested In Nvidia In 2022 To Become A Millionaire Today

MicroStrategy Inc. (NASDAQ:MSTR) — Known for its heavy investment in Bitcoin, MicroStrategy has seen significant price fluctuations but managed to outperform Nvidia’s annual performance.
- Sector: Technology
- Industry: Software – Application
- Market Cap: $26.07B
- Price: $1,469.43
- 1YR Perf: 400.85%
- YTD Perf: 132.64%
Carvana Co. (NYSE:CVNA) — Carvana’s innovative online car sales platform has driven strong performance, especially as the market rebounded post-pandemic.
- Sector: Consumer Cyclical
- Industry: Auto & Truck Dealerships
- Market Cap: $12.96B
- 1YR Perf: 337.52%
- YTD Perf: 109.26%
Coinbase Global Inc. (NASDAQ:COIN) — As a leading cryptocurrency exchange, Coinbase has capitalized on the cryptocurrency boom, outpacing Nvidia’s growth.
- Sector: Financial
- Industry: Financial Data & Stock Exchanges
- Market Cap: $57.94B
- Price: $235.95
- 1YR Perf: 324.45%
- YTD Perf: 35.67%
Vertiv Holdings Co (NYSE:VRT) — Vertiv’s strong performance in the electrical equipment sector has been impressive, showing resilience and growth.
- Sector: Industrials
- Industry: Electrical Equipment & Parts
- Market Cap: $35.69B
- Price: $95.34
- 1YR Perf: 322.98%
- YTD Perf: 98.50%
Super Micro Computer Inc. (NASDAQ:SMCI) — Super Micro Computer has benefited from increasing demand for high-performance computing solutions, outpacing Nvidia’s gains.
- Sector: Technology
- Industry: Computer Hardware
- Market Cap: $53.88B
- Price: $920.01
- 1YR Perf: 298.67%
- YTD Perf: 223.65%
Vistra Corp (NYSE:VST) — Vistra’s strong performance in the utilities sector has been notable, with consistent returns exceeding Nvidia’s performance.
- Sector: Utilities
- Industry: Utilities – Independent Power Producers
- Market Cap: $30.43B
- Price: $87.58
- 1YR Perf: 249.48%
- YTD Perf: 127.36%
AppLovin Corp (NASDAQ:APP) — AppLovin’s mobile app technology has driven substantial growth, making it one of the top performers in the tech sector.
- Sector: Technology
- Industry: Software – Application
- Market Cap: $26.60B
- Price: $80.84
- 1YR Perf: 237.25%
- YTD Perf: 102.86%
Insmed Inc. (NASDAQ:INSM) — Insmed’s advancements in biotechnology and strong market performance have outpaced Nvidia’s gains over the past year.
- Sector: Healthcare
- Industry: Biotechnology
- Market Cap: $10.57B
- Price: $65.58
- 1YR Perf: 227.90%
- YTD Perf: 111.62%

Check Out: Nvidia’s Rise As Most Valuable Global Company Used By Peter Schiff To Diss Top Crypto’s Utility – ‘Bitcoin Needs Gold. Gold Does Not Need Bitcoin’

Image: Shutterstock

Recommended

Joe Biden Facing Political "Knockout" In Weeks? - Ad

Discover "U.S.'s New Money" Before Biden Wins - Ad

Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

Former New York City judges weigh in on potential sentencing outcomes for former President Donald Trump.

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

This Billionaire's Final Masterpiece: "X-9840"

This Billionaire's Final Masterpiece: "X-9840" - Ad

The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix... Just released the details on what he's calling Project X-9840. This business mogul is now set to revolutionize MONEY. He has said he could flip the switch "as early as mid 2024."

Trump Vs. Biden: Latest Poll Reveals Clear Impact Of Ex-President's Conviction On Voters In Tightly Contested Race

Ahead of the 2024 presidential election, former President Donald Trump has seen a decline in support following his recent conviction.

Will Your iPhone Support New Apple Intelligence Features? Here's What You Need To Know

Apple has announced a suite of AI-powered features for iPhones, calling it Apple Intelligence. However, these features will be limited to select iPhones.

Don't Pay a Dime for Marc Lichtenfeld's Top AI Picks

Don't Pay a Dime for Marc Lichtenfeld's Top AI Picks - Ad

Marc Lichtenfeld's has a brand-new "AI Income Playbook", absolutely FREE! Inside, you'll find Marc's favorite AI dividend stocks... Poised to profit from the fastest-growing technology in history... and pay you bigger and bigger cash dividends along the way! And it's all yours, free of charge.

Visa's Mark Nelsen wants to make your plastic credit card obsolete

Mark Nelsen, Visa’s global head of consumer payments, sees a world where the plastic card in your wallet becomes increasingly obsolete and the standard 16-digit account number becomes worthless.

Tesla Model 3 Long Range Now Qualifies For Full $7,500 Tax Credit

Tesla Inc (NASDAQ: TSLA) announced the new Model 3 Long Range (LR) now qualifies for the full $7,500 federal tax credit in the

Collect 10%+ Dividends From AI's Explosive Growth?

Collect 10%+ Dividends From AI's Explosive Growth? - Ad

This one-of-a-kind fund is set to pay out a tsunami of profits to shareholders... Giving you the chance to collect 10%+ dividend yields, year after year! In his brand-new "AI Income Playbook," Marc Lichtenfeld gives you the full scoop on this breakthrough fund... Including its name, ticker symbol, and profit potential.

Trump's company: New Jersey golf club liquor license probe doesn't apply to ex-president

ATLANTIC CITY, N.J. (AP) — Former president Donald Trump is not the holder of liquor licenses at his three New Jersey golf clubs, his company said Tuesday in response to an inquiry by the New Jersey attorney general's office into whether his convictions in a New York case might affect those licenses.

As the need for copper rises, cable manufacturers recycle more

MONTREAL (AP) — In an industrial suburb of Montreal, sheets of copper move along a conveyor belt suspended four stories above the floor of a foundry — a metals plant — until they drop into a lava-hot furnace. Next come pieces of discarded copper wire.

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.

Musk Urges Tesla Shareholders To Vote, Says Too Much Of The Stock Market Is Controlled by ISS And Glass Lewis: 'Zero Economic Alignment With Actual Shareholders'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is urging shareholders to cast their votes on their shares by offering them an opportunity to win a personal tour of the company's Texas facility.

Apple's Warranty Updates, iPhone Support Duration, And More: This Week In Apple News

Apple Inc. has been in the spotlight this week with policy changes and revelations. From cracked screen repairs to iPhone support period, here's a round-up of the top stories.

After Conviction, There Could Be More Bad News for Trump

After Conviction, There Could Be More Bad News for Trump - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just dropped this Trump election bombshell. For the sake of our country...I hope he's wrong. Because if he's right, you need to prepare now.

What the new 'buy now, pay later' rule means for small businesses offering the service

NEW YORK (AP) — “Buy now, pay later” services are a popular way that shoppers pay for goods.

AES' Kuihelani Facility: Biggest Solar Plant In Hawaii Flips the Switch on Clean Energy

The AES Corporation's AES Hawaii launched the Kuihelani Solar-plus-Storage facility, generating 60MW of renewable energy and reducing Maui's reliance on fossil fuels.

America Has New Type of Money, Making Some Rich...Should You Get It?

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Google's AI Future Bright with Potential iOS Integration and Expense Management, Says BofA Analyst

BofA Securities analyst reiterated Buy rating and $200 price target for Alphabet. Apple's new Al features may open doors for Google's AI models.

Kim Jong Un's Sister Warns Of 'New Counteraction' Against South Korea Over Loudspeaker Broadcasts And Leaflets

The influential sister of North Korean leader Kim Jong Un, Kim Yo Jong, has issued a stern warning to South Korea regarding the resumption of loudspeaker broadcasts and leaflet distribution.

Claim Your Free "AI Income Playbook" Now!

Claim Your Free "AI Income Playbook" Now! - Ad

Income expert Marc Lichtenfeld has a special gift reserved just for you... It's his brand-new "AI Income Playbook" - and it's yours FREE! Inside, you'll discover how to tap the unlimited profit potential of artificial intelligence... With three explosive AI stocks that are handing out monster dividends like clockwork.

Football Legend Ronaldinho Says 'Time For Crypto To Go Mainstream:' Is Another Token Themed After Him On The Way?

Brazilian football legend Ronaldo de Assis Moreira, better known as Ronaldinho, sounded bullish on cryptocurrencies with a recent post on X, formerly Twitter, part of a larger trend of well-known figures putting their weight behind what is still regarded as a volatile asset class.

After several near-misses on airport runways, a tech company revives work on a hazard-warning system

DALLAS (AP) — As a Delta Air Lines jet began roaring down a runway, an air traffic controller at New York's suddenly blurted out an expletive, then ordered the pilots to stop their takeoff roll.

Could This New Project Top $1T?

Could This New Project Top $1T? - Ad

This billionaire has predicted that his new venture - something I'm calling "X-9840" - could become "a trillion dollar company." Today, only three companies in the US are worth more than $2 trillion. Microsoft... Apple...and Nvidia. This has nothing to do with electric vehicles... Self-driving cars, rockets, brain chips, or satellites.

Micro communities for the homeless sprout in US cities eager for small, quick and cheap solutions

ATLANTA (AP) — In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home.

This NYC vet makes house calls. In 'Pets and the City,' she's penned a memoir full of tails

NEW YORK (AP) — As a city kid, Amy Attas had big dreams of roaming the countryside, healing animals a la James Herriot's classic

The Mysterious Tale of "America's No. 1 Retirement Stock"

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Nvidia Is 'At The Center' Of Something 'Really Big,' Says Expert As Jensen Huang-Led Chip Giant Beats Microsoft, Apple To Become World's Most Valuable Company

Nvidia's stock has been on a roll since the beginning of the year, outperforming the majority of the market.

Snowline Gold's Valley Deposit Emerges As High-Grade Gold Resource In Yukon

Snowline Gold Corp announces highly anticipated initial assessment for Valley deposit in Yukon Territory, Canada, with significant potential for growth and future development.

Revealed: AI Keeps Leading Famous Trader to New Tickers

Revealed: AI Keeps Leading Famous Trader to New Tickers - Ad

This strategy is a shocking way to leverage AI's controversial power.

Taiwan Semi Outperforms China's Top Chipmaker Amid Tech Challenges

Taiwan Semiconductor (TSM) outperforms China's SMIC this year, showcasing China's challenges in advancing its chip industry due to US restrictions.

Asia Markets Mixed, Europe Dips, While Dollar Advances - Global Markets Today While US Slept

US stock markets closed higher on Monday, with S&P 500 and Nasdaq reaching new highs. Today, Asian markets mixed, European markets down.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..."

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

In Wyoming, Bill Gates moves ahead with nuclear project aimed at revolutionizing power generation

Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will “revolutionize” how power is generated.

Ford's F-150 Lightning-Based Supertruck To Climb Pikes Peak Over Weekend, Keeping Up With Model T Legacy

Ford's electric F-150 Lightning supertruck will compete at Pikes Peak on June 23, testing EV powertrains for future production vehicles.

What President Biden's New Law Means for Investors

What President Biden's New Law Means for Investors - Ad

President Biden just signed a new law approving billions of dollars for one small but growing industry, and investors like Bill Gates and Peter Thiel are all over it. This expert just went public with all the details, including which stocks to jump on immediately.

Ecuador stops waiving visas for Chinese nationals because of an increase in irregular migration

QUITO, Ecuador (AP) — Ecuador on Tuesday announced the suspension of an agreement with China that had waived visas for Chinese citizens traveling to the South American country, citing a “worrying” increase in irregular migration.

What's Going On With Nikola Stock After Its Reverse Split?

Nikola Corporation shares are trading lower Tuesday after the stock began trading on a reverse split-adjusted basis. Here's a look at what to know:

AI Alert: Wealth Window Update

AI Alert: Wealth Window Update - Ad

I'm James Altucher, AI expert at Paradigm Press. On June 25, tech giants like Nvidia, Dell, and Alibaba could reveal "AI 2.0." This limited wealth-building window could turn $10k into $1 million with strategies I've perfected over 40 years. Act fast before everyone catches on!

Biden Administration Close To Naming Christy Goldsmith Romero To Oversee FDIC Amid Agency's Turmoil: Report

In a bid to restore stability to the Federal Deposit Insurance Corp, the White House is considering Christy Goldsmith Romero, a regulator with experience in financial crisis management, to head the agency.

Trending Now

Elon Musk Responds To Vivek Ramaswamy As To Who's Running The Country After Trump-Biden Debate: 'Maybe Nobody'

Tommy Tuberville Sells Several Large Stock Positions, Makes New Buys: Here's What The US Senator Is Betting On Now

Biden Debate Disaster! - Ad

Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound -- Swoops Into Buy Stock Of This Netflix Rival

Jim Cramer Sees Eli Lilly As More Than A 'One-Trick Pony' After FDA Advisors Back Its Alzheimer's Drug: 'It's Ultimately Headed To A Trillion Dollar Valuation'