Investors who placed their hard-earned cash into major US indices have enjoyed respectable returns over the past 10 years. Despite two recent market corrections — the recent market correction partially generated by the Russia-Ukraine war and the stock market crash of 2020, the SPDR S&P 500 ETF SPY, Invesco QQQ Trust Series 1 QQQ and SPDR Dow Jones Industrial Average ETF Trust DIA have returned 197%, 391% and 157% respectively.
As good as investors in the major U.S. indices have had it over the past ten years, a number of the world’s most popular consumer discretionary, tech and clean energy manufacturing stocks have provided even better returns. Bulls that took a chance on these names were rewarded with gains that outperformed much of the broader market.
Winners Since July 2012: According to data from Benzinga Pro, here’s how much $100 in each of the following stocks bought back in summer 2012 would be worth today:
- GameStop Corp. GME: $841.83
- Advanced Micro Devices, Inc. AMD: $1,927.96
- NVIDIA Corporation NVDA: $5,389.61
- Tesla Inc TSLA: $15,109.32
- Apple Inc AAPL: $752.01
- Microsoft Corporation MSFT: $932.07
- Amazon.com, Inc AMZN: $1,182.73
- Plug Power Inc PLUG: $1,823.93
Photo by Boudewijn Huysmans on Unsplash
Image and article originally from www.benzinga.com. Read the original article here.