While Wall Street debates whether the S&P 500 is truly out of a bear market, these individual stocks are in bull territory. The overall market index is up 20% from its October low. However, most market historians define a bull market as a period in which investors make profits from 20 % or higher as well as hitting a new high — the highest the S&P 500 has yet to reach. a record closing high of 4,796.56 in January 2022 — about 10% below Tuesday’s close. However, some individual stocks have met both criteria. CNBC Pro screened stocks in a true bull market that meet the following criteria: S&P 500 or Russell 1000 member Market cap $15 billion or more At least 20% higher with a 52-week low Making a new 52-week high on Tuesday Sure, notable names like Apple have rallied more than 20% from a 52-week low and hit a 52-week high — though not last Tuesday, remove them from the list. Take a look at the names already on the screen and where analysts see them in the future. Chipmakers on Semiconductors, Applied Materials and Semiconductors NXP made the list. Shares of On Semiconductor have more than doubled from their 52-week low. Semiconductor companies have surged in recent weeks amid the AI boom. The company is up 48.4% year-to-date. While Wall Street is mostly bullish on the stock — with 7 out of 10 analysts rating it as a buy or strong buy — the stock is only within 3.5% of its median price target. average, suggesting limited upside ahead, according to FactSet. Shares of Applied Materials are also up more than 44% from their 52-week low. The stock is currently trading 3.1% above the consensus price target set by analysts. Walmart is another stock in a true bull market. The retail giant hit a new 52-week high on Wednesday. The stock is already up more than 10% in 2023 and could gain another 7.6%, according to its average price target. Delta has also cut back. The airline has seen shares boosted by a post-pandemic recovery in travel activity. All 20 analysts rate the stock as a strong or buy. The stock’s average price target suggests the stock could be up 18.6% from Tuesday’s close. Shares are up 28% year-to-date. —Michael Bloom of CNBC contributed to this report.