This Under-the-Radar Stock Recently Joined the S&P 500, and It's Obliterating Nvidia This Year

The S&P 500 (SNPINDEX: ^GSPC) is a diversified stock market index featuring 500 companies from 11 different sectors of the economy. To qualify for inclusion, a company must have a market capitalization of at least $22.7 billion, and it also must be profitable. But even after ticking those boxes, a special committee has the final say to ensure only the highest-quality companies make the cut.Interactive Brokers (NASDAQ: IBKR) operates one of the world's largest online investing platforms, where its clients can buy and sell thousands of different stocks, options contracts, futures contracts, cryptocurrencies, and more. It was admitted into the S&P 500 in August, replacing Walgreens Boots Alliance, which vacated its spot in the index after going private. Interactive Brokers is growing rapidly, and its stock has delivered a whopping 45% return this year alone. It's crushing the S&P 500 itself, which is up 13% year to date, and it's even beating artificial intelligence (AI) powerhouse Nvidia, which has gained 30%. Here's why it's not too late to buy.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool