Here's the Top Five S&P 500 Stocks Since Election Day, and Tax Strategies for 2025
Top Five S&P 500 Stocks Since Election Day
Fourteen days ago, we discussed a colossal market rally after Donald Trump was elected president.
According to data from Global Market Intelligence, here were the top five S&P 500 companies during that rally from November 5th to November 20th:
Axon Enterprise
Tesla
Vistra Corp
EQT Corporation
EPAM Systems
Axon Enterprise—a company that produces law enforcement tech—and Tesla saw more than 35% increases.
But that doesn’t make the gains from the other three companies any less impressive. Vistra Corp, EQT Corporation, and EPAM Systems saw 26.8%, 24%, and 22% increases.
Company Summaries
In case you are thinking about adding these companies to your portfolio, here’s a rundown of what they are all about:
Vistra Corp: The largest competitive power generator in the country. Its power sources include natural gas, solar, nuclear, and battery energy storage. It sells electricity to over 5 million residential, commercial, and industrial customers across 20 states.
EQT Corp: The leading independent natural gas producer in the United States. The company sells natural gas and natural gas liquids, specializing in hydrocarbon exploration and pipeline transport.
EPAM Systems: A software development agency. They offer services that cover every aspect of engineering: mobile, desktop, security, quality, etc.
Tax Strategies for 2025
As an investor, you can lawfully use the same tax codes that millionaires use to save money this upcoming tax season.
Top 3 easiest tax strategies for investors:
Tax loss harvesting: This strategy allows you to sell underperforming stocks at a loss and use it to offset the gains in a different investment. You’re strategically getting a lower tax bill by deducting your losses from your taxable income.
Changing your filing status: Your tax filing status significantly determines how much money you pay in taxes. You might be paying much more than needed, and changing your status could help. For example, if you’re married and file jointly, you will likely have a higher standard deduction and default to a lower tax bracket than if you file separately.
Get tax-efficient investments: Certain investments can help you reduce your tax bill for 2025 and the future. For example, investments like municipal bonds are usually exempt from federal income tax.
If you’re going to be an investor, you may as well take advantage of the opportunities available to lower taxes and save money because the more you save, the more you can invest.
Tools and Resources
If you want to dive deeper into strategies to help reduce your 2025 tax liability, click here.