while wall street debates over whether the s  p 500 is truly out of a bear market these individual stocks are in bull market territory the broad market index is up 20 from its october low however most market historians define a bull market as a period where investors get gains of 20 or more as well as a new high the latter of which hasnt been reached yet by the s  p 500 the broader market index hit a closing record high of 479656 in january 2022 about 10 below tuesdays closing level nonetheless certain individual stocks have met both benchmarks cnbc pro screened for the stocks in a true bull market that fall under the following criteria s  p 500 or russell 1000 member market cap of 15 billion or more at least 20 higher off its 52week low made a new 52week high on tuesday to be sure notable names such as apple have gained more than 20 from their 52week lows and have hit 52week highs albeit not this past tuesday excluding them from the list take a look at the names that made the screen and where analysts see them going forward chipmakers on semiconductor  applied materials and nxp semiconductor made the list on semiconductors stock has more than doubled from its 52week low semiconductor companies have surged in recent weeks amid the aiboom the company has gained 484 year to date while wall street is largely bullish on shares with seven out of 10 analysts covering the stock rating it a buy or a strong buy the stock is within just 35 of its average price target suggesting limited upside ahead according to factset shares of applied materials have also gained more than 44 off its 52week lows the stock is already trading 31 higher than its consensus price target set by analysts walmart is another stock in a true bull market the retail giant reached a new 52week high on wednesday shares have gained more than 10 in 2023 and may rally an additional 76 according to its average price target delta also made the cut the airline has seen shares boosted by a postpandemic rebound in travel all 20 analysts covering the stock rate it either a strong guy or a buy the stocks average price target suggests shares could rally 186 from tuesdays close shares are up 28 year to date —cnbcs michael bloom contributed to this report