Investors who placed their hard-earned cash into major US indices have enjoyed respectable returns over the past 5 years. Despite two recent market corrections — the recent market correction partially generated by the Russia-Ukraine war and the stock market crash of 2020, the SPDR S&P 500 ETF (NASDAQ: SPY (NYSE:SPY)), Invesco QQQ Trust Series 1 (NASDAQ: QQQ) and SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) have returned 62%, 108% and 46% respectively.
As good as investors in the major U.S. indices have had it over the past ten years, a number of the world’s most popular consumer discretionary, tech and clean energy manufacturing stocks have provided even better returns. Bulls that took a chance on these names were rewarded with gains that outperformed much of the broader market.
Winners Since August 2017: According to data from Benzinga Pro, here’s how much $100 in each of the following stocks bought back in summer 2017 would be worth today:
- Tesla Inc (NASDAQ: NASDAQ:TSLA): $1,195.06
- Advanced Micro Devices, Inc. (NASDAQ: NASDAQ:AMD): $673.64
- NVIDIA Corporation (NASDAQ: NASDAQ:NVDA): $372.01
- Apple Inc (NASDAQ: NASDAQ:AAPL): $390.70
- Microsoft Corporation (NASDAQ: NASDAQ:MSFT): $357.60
- Amazon.com, Inc (NASDAQ: NASDAQ:AMZN): $264.36
- Plug Power Inc (NASDAQ: PLUG): $1,316.89
Read at Benzinga