12 Best Performing S&P 500 Stocks in the Last 10 Years

4. Micron Technology Inc. (NASDAQ:MU)

Micron Technology Inc. (NASDAQ:MU) ranks among the best performing S&P 500 stocks in the last 10 years. Morgan Stanley boosted its price target for Micron Technology Inc. (NASDAQ:MU) to $450 from $350 on February 11, while keeping an Overweight rating on the company’s shares. The firm highlighted continuous DRAM price rises and supply bottlenecks as major reasons for its more optimistic view. Morgan Stanley reported that DDR5 spot pricing has already grown by 30% year-to-date and is now 130% higher than January contract rates.

The company pointed out that standard DRAM pricing might double again while remaining more than 10% below current spot prices, which keep rising. By this point, contract prices are 86% higher than they were in December.

Morgan Stanley believes the widespread DRAM scarcity will continue, with supply growth in 2026 estimated to be inadequate in easing market pressure, likely forcing further price rises throughout the year.

Micron Technology Inc. (NASDAQ:MU) designs, develops, manufactures, and markets memory and storage products, including dynamic random-access memory (DRAM), flash memory (NAND), solid-state drives (SSDs), and High Bandwidth Memory (HBM) globally.

3. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the best performing S&P 500 stocks in the last 10 years. On February 25, TD Cowen reaffirmed its Buy rating and $290 price target for Advanced Micro Devices, Inc. (NASDAQ:AMD). The firm highlighted AMD’s recently announced multi-year partnership to sustain Meta’s next-generation AI technology.

With an initial deployment beginning in the second half of 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) will contribute six gigawatts of AI computer capacity, valued at over $100 billion. The company would also grant Meta up to 160 million performance-based warrants as part of the deal, enabling Meta to acquire shares at a discount.

Moreover, RBC Capital retained its Sector Perform rating, emphasizing the agreement’s possible long-term advantages. Mizuho, on the other hand, warned that the initial stock gains might not be maintained.

Advanced Micro Devices, Inc. (NASDAQ:AMD) is a global semiconductor company focused on high-performance computing, graphics, and visualization technologies. The company operates through its Data Center, Client and Gaming, and Embedded segments.