Below is a list of the 35 best performing stocks in the Russell 3,000 so far in 2018 (through the close on 7/2). Amazingly, one stock has achieved Peter Lynch’s “10-bagger” status in the first six months of the year! As shown, Turtle Beach (HEAR) — a gaming sound card and headset manufacturer — ranks at the top of the list with a 2018 gain of 1,046.8%.
Two other stocks haven’t hit 10-bagger status yet, but they’re up significantly nonetheless. Tandem Diabetes (TNDM) ranks second with a YTD gain of 806.57%, while NII Holdings (NIHD) ranks 3rd at +786%.
There are four additional stocks up more than 300% YTD — I, INNT, ARWR, and BXC — while five other stocks are up 200%+ (ARQL, FOSL, ECYT, MDGL, and EGAN).
Other notables on the list of 2018’s first-half winners include Travelzoo (TZOO), World Wrestling Entertainment (WWE), Twilio (TWLO), Noodles (NDLS), and Weight Watchers (WTW).
As we’ve highlighted throughout the year, small caps have generally outperformed large caps in 2018. The chart below provides a good snapshot of this trend.
In the chart, we show the YTD performance of large-cap sector ETFs, and we also show the average YTD performance of Russell 3,000 stocks by sector. Remember, the Russell 3,000 is made up of roughly 98% of publicly listed companies in the US, from large-cap blue chips down to the smallest companies.
As shown, the average Russell 3,000 stock is up 10.10% YTD, while the S&P 500 SPY ETF (marked “All” in the chart) is up just 1.87%. The average Telecom, Health Care, and Technology stock in the Russell 3,000 is up double-digit percentages YTD, while the large-cap ETFs for these sectors are either up single-digits or actually down.
Sectors like Financials and Industrials are down at the large-cap sector level, but the average Financial and Industrial sector stock in the Russell 3,000 is up 3%+. Even Consumer Staples stocks are up an average of 3.1% in the Russell 3,000, while the large-cap Consumer Staples ETF is down 9.95% YTD.