Below is a list of the 40 best performing stocks in the Russell 3,000 year-to-date (that trade higher than $5/share). As you’ll notice, Biotech stocks dominate the list. This is the same way things looked back in 2014 and 2015, but not in 2016 when Biotech names mostly plummeted.
Nine of the ten best performing stocks in the Russell 3,000 are Biotech names, with Applied Optoelectronics (AAOI) the one Technology stock in the middle. Esperion Therapeutics (ESPR) is up the most with a YTD gain of 216.7%, followed by ViewRay (VRAY) ant Global Blood Therapeutics (GBT) at 170%+.
There aren’t a lot of large-cap names on the top 40 list — Chemours (CC) has the highest market cap at $6.35 billion.
Below we’ve created another top 40 list with all Health Care sector stocks removed. Activision Blizzard (ATVI) is the largest stock on this list with a market cap of $37.1 billion and a YTD gain of 36.8%. Once again, though, there aren’t a lot of well-known names on the list. If you have some time, definitely browse through the company descriptions and charts of the year’s best performers to see if you find any names that are intriguing.