The newest addition to the S&P 500 has seen an 845% increase in its stock value since early last year and is still recommended as a buy by one Wall Street analyst.

The S&P 500 (SNPINDEX: ^GSPC) is regarded by many as the best overall gauge of the U.S. stock market, as it includes the 500 largest publicly traded companies in the country. Given the breadth of…

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