Wednesday, 9 March 2016

Best performing stocks since the market bottom

It's been 7 years since the GFC stockmarket bottom. How things have changed. Apple was only the 15th largest company in the world with a market cap of $74 billion on the 9th of March 2009. Today Apple has a market cap of $561 billion (including $216 billion cash) the largest company in the world. Energy has been a notable laggard Exxon Mobile once the largest in 2009 is now the fourth largest in the world.

Source: Bloomberg numbers total return

Hopefully you own some of the best S&P500 performers since the bottom above. Hindsight investing is a lot easier but property and hotels were the top two performers followed by consumer discretionary which dominated the list. Underwear seemed to be a standout with L Brands (owner of Victoria Secret) and Hanesbrand making top appearances. Interestingly a lot of the top performers are fairly well known brands.

The material in this article is for informational purposes only and in no way constitutes a solicitation of business or investment advice. The material has been prepared without regard to any client's or other person's investment objectives. Before making an investment decision you should consider the assistance of a financial adviser and whether any investment or service is appropriate in light of your particular investment needs.