10 American Stocks Rising as of January 2024

10. ATI Inc. (ATI)

Business: Aerospace and defense contractor, Price risen since January 1st: Over 80%, Reason: Increased government spending on defense

9. WillScot Mobile Mini Holdings Corp. (WSC)

Business: Temporary modular buildings and storage containers, Price risen since January 1st: Over 100%, Reason: Benefited from the construction boom

8. BioMarin Pharmaceutical Inc. (BMRN)

Business: Biopharmaceutical, Price risen since January 1st: Over 150%, Reason: Medical demand

7. RPC, Inc. (RES)

Business: Oil and gas exploration, Price risen since January 1st: Over 200%, Reason: Rising energy prices

6. MercadoLibre, Inc. (MELI)

Business: e-commerce giant, Price risen since January 1st: over 30%, Reason: Benefiting from the regions growing middle class

5. T-Mobile US, Inc. (TMUS)

Business: Mobile carrier, Price risen since January 1st: over 40%, Reason: Adding customers at a rapid pace

4. New Fortress Energy Inc. (NFE)

Business: Clean energy, Price risen since January 1st: nearly tripled, Reason: Developing renewable natural gas projects

3. Nvidia Corporation (NVDA)

Business: Chipmaker, Price rise since January 1st: Over 50%, Reason: Taking lead in GPU market

2. Vita Coco Company, Inc. (COCO)

Business: Coconut water, Price risen since January 1st: More than doubled, Reason: Trend of people choosing healthy beverages

1. Planet Fitness, Inc. (PLNT)

Business: Gym chain, Price risen since January 1st: Over 80%, Reason: Affordable membership fees and non-intimidating workout environment