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Axon Added to the S&P 500: Could These 3 Top Stocks Join Next?

Josh Kohn-Lindquist, The Motley Fool
·5-min read
Axon Added to the S&P 500: Could These 3 Top Stocks Join Next?

Following its seizure by the FDIC and subsequent sale of its assets to JPMorgan Chase, First Republic Bank was replaced by Axon Enterprise in the S&P 500 index. Comprising 500 of the biggest and best U.S. stocks, the historic index has already made five additions in 2023, leaving investors to wonder what qualifying stocks could join the S&P 500 next. Three businesses that may fit the bill are The Trade Desk (NASDAQ: TTD), Veeva Systems (NYSE: VEEV), and Airbnb (NASDAQ: ABNB) because each dominates their respective niches and meets the requirements.

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