The S&P 500 Index staged a strong comeback, turning positive for 2026 on Monday and recovering all losses from the U.S.-Iran war.

While most stocks in the fund’s portfolio have gained sharply, the following five have led the gains.

SanDisk stock has surged on strong NAND flash prices and booming demand from AI data centers. Its inclusion in Nasdaq 100 and Wall Street’s bullish sentiment boosted investor confidence in the company’s future growth.

Benzinga Edge Stock Rankings indicate that SNDK maintains strong trends in the short, medium and long terms, with a strong Momentum score in 100th percentile.

Lumentum Holdings Inc. (NASDAQ:LITE)

Robust earnings growth, expanding margins, and inclusion in the S&P 500 further fueled the rally, as institutional investors increased exposure to companies tied to the AI infrastructure boom.

Benzinga Edge Stock Rankings indicate that LITE maintains strong trends in the short, medium and long terms, with a Momentum score in the 100th percentile.

Ciena Corp stock staged a powerful rally in 2026, driven by a combination of AI-driven demand, strong earnings, and structural industry tailwinds. The stock was added to the S&P 500 Index in February, increasing institutional demand.

Western Digital Corporation (NASDAQ:WDC)

Citigroup raised the target price for WDC to $405 from $335, citing continued solid supply and demand for storage, improving pricing dynamics, and AI demand accelerating the generation of unstructured data.

Benzinga Edge Stock Rankings indicate that WDC has a Momentum score in the 99th percentile. It maintains a strong price trend in the short, medium and long term.

Corning Incorporated (NYSE:GLW)

Corning is seen as a big beneficiary of artificial intelligence-driven optical networking demand. Recent reports show the stock has been hitting record highs specifically due to investor optimism around AI-driven optical networking growth.

Benzinga Edge Stock Rankings indicate that the GLW has a Momentum in the 98th percentile and checks out on all Price Trends.

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