Below is a look at the average performance of Russell 1,000 stocks by sector since the close on election day (11/8/16). As shown, the average stock in the entire index is now up 9.4% since election day. Five sectors have seen outperformance while six have seen underperformance.
The Financial sector is averaging the biggest gains at +17.20%, followed by Materials (+14.27%), Industrials (+13.52%), and Energy (+12.79%). While Technology has been outperforming recently since the election the average Tech stock is up 8.91%, which is actually less than the overall average. The real laggards have been Consumer Staples and Utilities. Both sectors have seen their stocks average very minute gains.
Below is a list of the 40 Russell 1,000 stocks that are up the most since election day (through the close on 2/6). As shown, CoreCivic (CXW) — a REIT — is up the most with a gain of 107.4%, followed by AdvanSix (ASIX), SLM, and Herc Holdings (HRI). United Rentals (URI), NVIDIA (NVDA), and US Steel (X) rank 5th through 7th. Other notables on the list of big winners include Alcoa (AA), Micron (MU), Western Digital (WDC), Bank of America (BAC), and Sprint (S). For each name, we also include its estimate P/E ratio, its dividend yield, and its short interest as a percentage of float (SIPF).
The list of biggest losers since election day is led by Vista Outdoor (VSTO) and Under Armour (UAA), which have both declined more than 34%. Fitbit (FIT) ranks third worst with a decline of 31.61%. Other notables on the list of losers include Ralph Lauren (RL), QUALCOMM (QCOM), FireEye (FEYE), JC Penney (JCP), Nordstrom (JWN), Macy’s (M), and Las Vegas Sands (LVS). The list is riddled with retailers and other consumer stocks that are suffering “Death by Amazon.”