Review of the top performers in the S&P 500 by Cramer in the third quarter

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Recently, CNBC’s Jim Cramer shed light on the market’s impressive performance in the past quarter amidst heightened tensions in the Middle East. He highlighted the market’s expansion beyond Big Tech and discussed the top performers on the S&P 500, showcasing “the revenge of the little guy companies.”

The recent rally has seen lesser-known companies take the spotlight and deliver solid gains. This shift indicates a broadening out of winners in the market, emphasizing the need for investors to look beyond the usual suspects for future opportunities.

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Here are some of the standout companies that have seen the highest percentage gains in the S&P 500 over the last quarter:

1. Erie Indemnity: This insurance exchange manager has benefited from lower interest rates, showcasing the strength of non-tech stocks in the current market climate.

2. GE Vernova: A power company spun off from General Electric, GE Vernova has seen growth as demand for power generation increases.

3. Palantir: This data analytics company has impressed with its earnings and garnered a loyal following on Wall Street, especially after joining the broad market index.

4. Mohawk Industries: Known for its flooring products, Mohawk Industries is a natural buy in a rate-cutting cycle, as flooring is essential for construction.

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5. Builders FirstSource: Another rate-cut winner, this construction wholesale supplier has been praised for its potential in the current market environment.

6. Kellanova: With an upcoming acquisition by Mars, this snack company has caught investors’ attention and is set to make big moves in the market.

7. CBRE: A commercial real estate services company, CBRE’s gains indicate a positive outlook for the sector, contrary to some Wall Street beliefs.

8. Vistra: This utility company has shown significant growth, driven by the increasing demand for clean energy from tech companies building data centers.

9. Stanley Black & Decker: A manufacturer of tools and household hardware, Stanley Black & Decker’s performance is closely tied to mortgage rates, making it a promising investment in the current environment.

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10. Axon: Specializing in law enforcement equipment, Axon has been a consistent performer in the market and offers unique opportunities for investors.

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