Best Performing Stocks Since March 2009
- Scott Krisiloff
- March 12th, 2013
Having recently passed the 4th anniversary of the March 2009 low, below is a list of the best performing stocks in the S&P 500 (that were in the index at the time) since that date. The S&P 500 is up 135% from its lowest point, but each of these stocks is up nearly 1000%.
The best performer overall is $WYN which is up 1700% since March 9, 2009. That’s followed by two media companies: $CBS and $GCI. The only bank on the list is $FITB, which comically hit a low of just under five-thirds. Generally, the common thread running through each of these companies is a high amount of debt.
Stepping outside of the $SPX, the best performing Russell 3000 stock was Pier 1 imports, which has gained 15,000% in four years. At its low, $PIR had a market cap of just $13 m compared to $2.4 B today.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.blog comments powered by Disqus
Scott Krisiloff, CFA is Chief Investment Officer of Avondale Asset Management, a Los Angeles based investment firm, which manages investment accounts for individuals and institutions More.