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.
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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. -
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