Nov 30, 2024
With November market action now behind us, below is a look at what worked and what didn’t during the month. For each ETF across asset classes, we also include its performance (total return) since the close on Election Day (11/5) and on a year-to-date basis.
There’s been a stark difference in performance between US equities and international markets recently. While most US index ETFs were up 5-10% in November, most country ETFs shown on the right side of the matrix were in the red.
In the US, small-caps surged in November with the Russell 2,000 (IWM) up 11.1%. That compares to a gain of 5.96% for large caps (SPY).
Looking at sectors, Consumer Discretionary (XLY) led the way in November with a gain of 12.9%. Much of that gain is thanks to Tesla’s (TSLA) massive post-election move higher. On the flip side, Health Care (XLV) was the weakest sector in November with only a small gain of 0.4% and a drop of 0.3% since the election.
Commodity ETFs outside of natural gas and ag have also been weak recently, especially gold (GLD) and silver (SLV) which were up huge in 2024 prior to their November pullbacks.
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Nov 27, 2024
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Nov 26, 2024
It’s a holiday-shortened Thanksgiving week, so over the next few days, we plan on writing about some of the stocks that investors can be most thankful for. Yesterday we looked at the best performing stocks over the last five years, and in this post, we’re highlighting the 30 best-performing stocks in the S&P 1500 on a total return basis over the last twenty years. In the table below we rank them from 1st to 30th and show how much a $1,000 investment in each stock twenty years ago (on 11/25/04) would be worth today. Below the table, we provide a one-sentence blurb generated by AI that describes what each company does.
AI chip maker NVIDIA (NVDA) has easily been the best-performing stock over the last twenty years, and it has made a large number of investors extremely wealthy. Incredibly, a $1,000 investment in NVDA twenty years ago would have almost turned you into a millionaire today! Unbelievably, $1,000 in NVDA back on 11/25/04 would be worth roughly $944k today. (By the same math, $10k would be worth $9.44 million, while $100k would be worth $94.4 million.)
Twenty-year returns for streaming giant Netflix (NFLX) haven’t been too shabby either. $1,000 in NFLX twenty years ago would be worth more than $550k today. Rounding out the top five are Texas Pacific Land (TPL), Apple (AAPL), and Booking Holdings (BKNG).
In total, eight stocks have turned $1,000 into more than $100k over the last twenty years. This includes the aforementioned NVDA, NFLX, TPL, AAPL, and BKNG along with Monster Beverage (MNST), Intuitive Surgical (ISRG), and Amazon.com (AMZN).
Other notables on the list include Deckers Outdoor (DECK), Salesforce (CRM), Domino’s Pizza (DPZ), and United Rentals (URI).
For anyone out there who has been riding any of these big winners for the last twenty years, bravo to you, and Happy Thanksgiving!
For a quick description of each company listed above, we asked AI to give us its best one-sentence blurb:
- NVIDIA (NVDA): A leader in graphics processing units (GPUs) for gaming, artificial intelligence, and data centers, driving innovation in computing and visual technologies.
- Netflix (NFLX): A global streaming service offering a vast library of movies, TV shows, and original content, accessible on-demand across various devices.
- Texas Pacific Land (TPL): Manages oil and gas royalties, land leases, and water services for energy production in Texas.
- Apple (AAPL): Designs and sells consumer electronics like the iPhone, Mac, and iPad, along with software and services like the App Store and iCloud.
- Booking Holdings (BKNG): Operates online travel brands like Booking.com, Priceline, and Agoda, providing services for hotel reservations, car rentals, and flights.
- Monster Beverage (MNST): Produces energy drinks, including the flagship Monster Energy brand, targeting consumers looking for enhanced energy and focus.
- Intuitive Surgical (ISRG): Manufactures robotic-assisted surgical systems, including the da Vinci system, enhancing precision and minimally invasive procedures.
- Amazon.com (AMZN): A global e-commerce leader offering retail, cloud computing, and digital streaming services, alongside innovations like Amazon Web Services (AWS).
- XPO (XPO): Provides freight transportation and logistics services, specializing in less-than-truckload (LTL) and last-mile delivery solutions.
- UFP Technologies (UFPT): Designs and manufactures custom packaging, components, and engineered products for medical, automotive, and industrial applications.
- Regeneron Pharmaceuticals (REGN): Develops biopharmaceuticals to treat serious medical conditions, including eye diseases, cancer, and autoimmune disorders.
- Comfort Systems USA (FIX): Provides mechanical systems installation and services, specializing in HVAC and building systems for commercial clients.
- RadNet (RDNT): Operates outpatient diagnostic imaging centers offering MRI, CT scans, and other radiology services across the U.S.
- NeoGenomics (NEO): A cancer diagnostics company providing genetic and molecular testing for oncologists, pathologists, and researchers.
- Deckers Outdoor Corporation (DECK): Markets lifestyle footwear and apparel under brands like UGG, Teva, and HOKA ONE ONE, known for comfort and performance.
- AAON (AAON): Manufactures heating, ventilation, and air conditioning (HVAC) equipment, focusing on energy efficiency and innovative designs.
- Salesforce (CRM): A cloud-based customer relationship management (CRM) platform that enables businesses to manage sales, service, and marketing operations.
- Tyler Technologies (TYL): Provides software and technology services for local governments, focusing on public safety, tax, and financial management.
- Old Dominion Freight Line (ODFL): A leading less-than-truckload (LTL) carrier offering efficient freight transportation across North America.
- Fair Isaac Corporation (FICO): Best known for its FICO credit scoring system, it provides analytics and decision-making software for risk management.
- Monolithic Power Systems (MPWR): Designs power management solutions for electronics in industrial, automotive, and consumer markets.
- Repligen (RGEN): Develops bioprocessing technologies and materials used in the production of biologic drugs and gene therapies.
- O’Reilly Automotive (ORLY): A retailer and distributor of automotive parts, tools, and equipment, serving professional and DIY customers.
- Domino’s Pizza (DPZ): A global leader in pizza delivery and carryout services, leveraging technology for fast and convenient ordering.
- EMCOR Group (EME): Provides construction and facilities services, specializing in mechanical and electrical systems installation and maintenance.
- Lennox International (LII): Produces HVAC and refrigeration equipment for residential and commercial applications.
- United Rentals (URI): The largest equipment rental company in the world, offering construction, industrial, and specialty equipment.
- Manhattan Associates (MANH): Provides supply chain and omnichannel commerce solutions to help retailers and wholesalers optimize operations.
- Quanta Services (PWR): Delivers infrastructure services for energy and communications, including electric power and pipeline construction.
- Copart (CPRT): An online vehicle auction company specializing in salvaged and used cars, serving insurance companies, dealerships, and buyers worldwide.
As always, past performance is no guarantee of future results.
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Nov 25, 2024
It’s a holiday-shortened Thanksgiving week, so over the next few days, we plan on writing about some of the stocks that investors can be most thankful for. In this post, we’re highlighting the 25 best-performing stocks in the S&P 1500 on a total return basis over the last five years. In the table below we rank them from 1st to 25th and show how much a $1,000 investment in each stock five years ago (on 11/25/19) would be worth today. Below the table, we provide a one-sentence blurb generated by AI that describes what each company does.
At the top of the list, above even NVIDIA (NVDA), is Alpha Metallurgical (AMR), which mines and produces coal for steel production and power generation! A $1,000 investment in AMR five years ago would be worth more than $34,000 today!
NVDA ranks second, turning $1,000 five years ago into more than $25,000 today, followed by energy drink maker Celsius (CELH), MARA Holdings (MARA), and GameStop (GME). Other notables on the list of big winners over the last five years include Tesla (TSLA) at #7, Super Micro (SMCI) at #8, Abercrombie & Fitch (ANF) at #12, and Axon Enterprise (AXON) at #14. You’ll also probably recognize companies like Arista Networks (ANET), elf Beauty (ELF), Sprouts Farmers Market (SFM), Vistra (VST), Deckers Outdoor (DECK), Builders FirstSource (BLDR), and Eli Lilly (LLY).
For a quick description of each company listed above, we asked AI to give us its best one-sentence blurb:
- Abercrombie & Fitch (ANF): A global specialty retailer focused on casual apparel and accessories for young adults and kids, known for its trendy fashion and lifestyle branding.
- Alpha Metallurgical Resources (AMR): A leading producer of metallurgical coal, used primarily in steel production, with operations focused on mining and processing high-quality coal.
- Antero Resources (AR): An independent energy company specializing in the exploration and production of natural gas, natural gas liquids (NGLs), and oil in the Appalachian Basin.
- Arista Networks (ANET): Provides cloud networking solutions, including switches, routers, and software, for data centers and enterprise networking environments.
- Axon Enterprise (AXON): Known for its Taser devices, body-worn cameras, and cloud-based evidence management software, serving public safety and law enforcement agencies.
- Builders FirstSource (BLDR): Supplies building materials, manufactured components, and construction services to professional homebuilders and remodelers in the U.S.
- Celsius Holdings (CELH): A beverage company offering fitness-oriented energy drinks and health-focused functional beverages for active consumers.
- Comfort Systems USA (FIX): Provides mechanical services such as heating, ventilation, air conditioning (HVAC), and electrical contracting to commercial and industrial customers.
- CONSOL Energy (CEIX): A coal and energy company producing high-quality bituminous coal for electricity generation and industrial applications.
- Deckers Outdoor Corporation (DECK): Designs and markets footwear and accessories under brands like UGG, Teva, and HOKA ONE ONE, targeting performance and lifestyle consumers.
- e.l.f. Beauty (ELF): A cosmetics company specializing in affordable, high-quality makeup and skincare products available globally.
- Eli Lilly (LLY): A leading pharmaceutical company developing innovative medicines in areas such as diabetes, oncology, immunology, and neuroscience.
- GameStop (GME): A retailer of video games, consumer electronics, and collectibles, with a focus on digital gaming and e-commerce.
- Marathon Digital Holdings (MARA): A digital asset technology company focused on cryptocurrency mining, particularly Bitcoin, leveraging blockchain technology.
- Mr. Cooper Group (COOP): A mortgage servicer and lender offering home loan solutions, refinancing, and servicing for homeowners and buyers.
- NVIDIA (NVDA): A technology company best known for its graphics processing units (GPUs) used in gaming, AI, data centers, and autonomous vehicles.
- Powell Industries (POWL): Manufactures electrical equipment and systems for the management and distribution of electricity in industrial and utility markets.
- Quanta Services (PWR): Provides infrastructure services to the energy and communications sectors, including construction and maintenance of electric power and telecom systems.
- Range Resources (RRC): An independent oil and natural gas company focused on exploration and production in the Appalachian Basin, particularly natural gas.
- SiTime Corporation (SITM): Designs and manufactures precision timing devices, including silicon MEMS-based oscillators, used in electronics.
- Sprouts Farmers Market (SFM): A grocery retailer emphasizing fresh, natural, and organic products, catering to health-conscious consumers.
- Super Micro Computer (SMCI): Develops high-performance, energy-efficient server and storage solutions for data centers, enterprise IT, and cloud computing.
- Tesla, Inc. (TSLA): A global leader in electric vehicles, renewable energy products, and battery technology, with a mission to accelerate the world’s transition to sustainable energy.
- Texas Pacific Land Corporation (TPL): Manages land and mineral rights in Texas, generating revenue from oil and gas royalties, leases, and easements.
- Vistra Corp. (VST): An energy company offering electricity generation, retail services, and renewable power solutions across the U.S. through its integrated platform.
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