Wall Street's new favorite: state-owned concept stocks.

Bloomberg data shows that the stock prices of several companies in which the U.S. government has invested have generally surged:

MP Materials +95%, Intel +72%, Lithium Americas +59%, Trilogy Metals +94%.

The market expects more "strategic investments" and even the emergence of a "state-owned concept ETF."

A list of U.S. "state-owned concept stocks"

Confirmed investments:

Intel ($Intel(INTC.US))

MP Materials ($MP Materials(MP.US))

Lithium Americas ($Lithium Americas(LAC.US))

Potential targets:

Lockheed Martin ($Lockheed Martin(LMT.US))

Northrop Grumman ($Northrop Grumman(NOC.US))

Micron ($Micron Tech(MU.US))

GlobalFoundries ($GlobalFoundries(GFS.US))

Texas Instruments ($Texas Instruments(TXN.US))

General Motors ($General Motors(GM.US))

Albemarle ($Albemarle(ALB.US))