The recent S&P 500 selloff, which dragged the index into correction territory, has many investors retreating—but that could mean missing out on some of the best under-the-radar opportunities in years. While near-term volatility driven by geopolitical uncertainty continues to shake confidence, the broader backdrop is starting to favor disciplined stock pickers.
Valuations for the Magnificent 7 have dropped to their lowest level relative to the broader market in over a year. At the same time, global stocks trading at a discount are quietly delivering standout returns. Investors who focus only on headline moves in the S&P may be overlooking names that are not just resilient—but outperforming by a wide margin.
Apple Inc | -12.45% |
NVIDIA Corp | -15.78% |
Microsoft Corp | -8.22% |
Amazon.com Inc | -11.72% |
Alphabet Inc-A | -14.26% |
A few of the North American stocks that have seen their share prices soar over 100% this year include:
Collective Mining Ltd (NYSEAMERICAN: CNL) stock is up more than 125% YTD and has recently experienced significant developments. Agnico Eagle Mines (NYSE: AEM) announced a new investment in Collective Mining to support an early-stage gold exploration project in Colombia. The company plans to increase its ownership in Collective and strengthen its position through a private placement and by converting existing warrants into additional shares. This move aligns with Agnico Eagle’s strategy to support promising exploration projects alongside its own development pipeline.
Root Inc (NASDAQ: ROOT), a technology-driven insurance company, has seen its stock climb 112% YTD. Root ended 2024 with a major milestone—its first profitable year since inception. These results stemmed from tough decisions made in 2022 and 2023 that strengthened Root’s financial position. With that foundation, the company accelerated investment in pricing and underwriting technology, grew efficiently, and improved operating leverage. Root now aims to become the largest and most profitable auto insurer in the country. It sees this as just the beginning and remains committed to scaling its vision with discipline, technology, and resilience.
Agilon Health Inc (NYSE: AGL), specializing in healthcare services, has experienced a notable stock performance up over 126% YTD. Agilon Health continues to generate strong value for patients, payors, and primary care physician partners, despite ongoing challenges in the Medicare Advantage environment. It has taken strategic steps to reduce underwriting risk, strengthen platform capabilities, and enforce cost discipline. These actions have built a more resilient foundation. With growing market demand, the company remains focused on helping physician partners provide high-quality, cost-effective care to seniors while aiming for long-term, sustainable financial performance.
For investors willing to look beyond the noise, these insights are uncovering a wave of opportunities hiding in plain sight. Some stocks that have soared over 50% YTD include:
Compass Inc (NYSE: COMP), up over 57% YTD, has gained strong momentum this year as the real estate market shows signs of stabilization. The company’s focus on supporting agents with advanced technology and streamlining the home buying and selling process has helped it stand out in a competitive industry. Improved market confidence and operational efficiency have contributed to its recent upswing.
CVS Health Corp (NYSE: CVS), up more than 53% YTD, has seen renewed investor interest as it works to strengthen its core business while expanding its role in healthcare delivery. With a large network of pharmacies, walk-in clinics, and insurance services, the company is well-positioned to serve both everyday consumers and larger health systems. Efforts to cut costs and simplify operations have also boosted sentiment.
MP Materials Corp (NYSE: MP), up 52% YTD, has benefited from growing attention on domestic supply chains for rare earth materials, which are critical for clean energy, defense, and technology. As governments and industries seek more secure and sustainable sourcing, MP’s role in rare earth production has made it an increasingly valuable player in the space.
Meanwhile some intriguing stocks that have climbed over 25% YTD include:
Medicus Pharma Ltd. (NASDAQ: MDCX) is a biotech and life sciences company focused on advancing novel therapeutic assets through clinical development and commercialization. Its wholly owned subsidiary, SkinJect, is developing a dissolvable microneedle patch to treat basal cell carcinoma (BCC), the most common skin cancer worldwide. With clinical patents secured through 2035 and a Phase 2 trial underway, Medicus aims to expand its pipeline through acquisitions and partnerships1.
Download our Free Investor Report on Medicus Pharma.
Rocket Companies Inc (NYSE: RKT) is a Detroit-based fintech company that operates a suite of businesses across mortgage, real estate, and personal finance. Its flagship brand is Rocket Mortgage, one of the largest mortgage lenders in the United States, known for its fully digital mortgage experience. Rocket Companies has agreed to acquire Redfin in an all-stock deal valued at $1.75 billion. The move brings together Rocket’s mortgage, real estate, and personal finance services with Redfin’s widely recognized digital real estate platform and network of over 2,200 agents. Redfin, founded in 2004, operates one of the top home search platforms in the U.S., featuring over a million property listings.
Hims & Hers Health Inc (NYSE: HIMS) is a direct-to-consumer digital health company that provides personalized healthcare products and services online. It offers treatment and wellness solutions across categories like hair loss, sexual health, skincare, mental health, and primary care. The company connects consumers with licensed healthcare providers through its telehealth platform and delivers medications and wellness products directly to their homes.
Super Micro Computer Inc (NASDAQ: SMCI) is a U.S.-based technology company that designs and manufactures high-performance servers and storage systems. It specializes in energy-efficient, application-optimized computing solutions for data centers, cloud computing, AI, and enterprise IT.
Identifying innovative companies developing new solutions to big problems is one way to find stocks with bigger potential. One emerging biotech is progressing through clinical trials with a treatment that could offer a new option in patient care. With industry expertise, patent protections, and an ongoing regulatory pathway, this company is positioning itself as one to watch in the healthcare space.
Want to learn more? Explore this innovative stock opportunity.