Jump into the S&P 500: These 2 stocks could soon conquer the index - experts are optimistic

Jump into the S&P 500: These 2 stocks could soon conquer the index - experts are optimistic

According to a report by www.boerse-online.de,

Jumping into the S&P 500 index is a big deal for companies. According to experts, two stocks could soon succeed in rising. Should investors take action now?

According to experts, technology company Super Micro Computer could soon be included in the S&P 500 as it already has a sufficient market capitalization of $39 billion. The company recorded a share price increase of 145 percent this year and an increase of 4,417 percent in the last five years. The demand for servers with high computing power for artificial intelligence (AI) from Nvidia has brought the company massive increases in sales and profits. The forecasts for the future quarter show further sales growth. Also e.l.f. Beauty, a manufacturer of sustainable beauty and care products, is doing well with a market capitalization of $9.5 billion. The company has been reporting revenue growth for 20 quarters and reported 85 percent revenue growth and a 40.8 percent increase in net income in the most recent quarter. Both companies could benefit greatly from inclusion in the S&P 500.

Super Micro Computer is already qualified for the S&P 500
The technology company Super Micro Computer already has a sufficient market capitalization of 39 billion US dollars and has recorded remarkable share price growth in recent years. The increasing demand for Nvidia's AI chips and servers with high computing power has led to massive increases in sales and profits. The company forecasts continued revenue growth and could soon be included in the S&P 500.

eleven. Beauty still has a little more time
The manufacturer of sustainable beauty and care products, e.l.f. Beauty, is currently doing well with a market capitalization of $9.5 billion and has seen consistent sales growth for 20 quarters. The company recently recorded impressive sales growth of 85 percent and a 40.8 percent increase in net profit. With a further increase in market capitalization, e.l.f. Beauty will be included in the S&P 500.

Both companies have strong growth figures and could benefit from inclusion in the S&P 500. Investors should keep a close eye on developments.

Also read: Almost free: The cheapest ETFs for the world, the S&P500, DAX & Co.
Or: Bitcoin and Ethereum on the rise – Why the banking crisis heralds the rally for cryptocurrencies.