Meet the New S&P 500 Company That Just Reported Its Most Profitable Quarter Ever and Is Heading for a 280% Gain This Year

The S&P 500 is a powerful representation of today's market, including the 500 companies that fuel the economy. In order to make it into this benchmark, most of a company's shares must be available for trading, market cap should be $18 billion or more, and the company must be profitable. So, to be invited into the index is a pretty big deal. Inclusion also could result in gains for a particular stock over time as funds that track the index add it -- and as more cautious investors see this milestone as a sign of strength and decide to give the stock a try.Just recently, a high-flying tech stock joined the S&P 500. This player, generating enormous growth thanks to its artificial intelligence (AI) powered platform, is heading for a gain of more than 280% this year. Can it keep up the momentum? Let's take a closer look at this company, its path so far, and what may lie ahead.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool