Investors who have invested their hard-earned money in major US indices have had respectable returns over the past five years. Despite a series of recent market corrections – the most recent market correction caused by rising interest rates and the 2020 stock market crash is the SPDR S&P 500 ETF, Invesco QQQ Trust Series 1 And SPDR Dow Jones Industrial Average ETF Trust returned 54%, 97% and 37.49% respectively.
As well as investors in the major US indices have fared over the past five years, some of the world’s most popular consumer, technology and clean energy manufacturing stocks have posted even better returns. Bulls who took a chance on these names were rewarded with gains that outperformed much of the broader market.
See also: Tesla could expand the Giga Berlin site by 110 hectares to increase production capacity
Winners since April 2018: According to data from Gasoline ProHere’s how much $100 in each of the following stocks repurchased in early 2018 would be worth today:
- Tesla Inc TSLA: $924.38
- Advanced Micro Devices, Inc. AMD: $931.22
- NVIDIA Corporation NVDA: $467.12
- apple inc AAPL: $376.97
- Microsoft Corporation MSFT: $313.28
- Plug Power Inc PLUG: $493.09
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
[ad_2]
Source story