Friday, January 4, 2013

Market Recap - 5 Year High for Stocks and the Winners

Today the S&P 500 closed at 1466, breaking above the 2011 closing high of 1460 set in mid-September. The 7 point gain was enough to push the index to the best close in 5 years.

The index is now within 111 points or 7.6% from breaking above the all-time high set in October 2007. That is hard for many to believe with the negative headlines that have been present for the last 5 years. Unfortunately many of the non-believers are the very investors that have been sitting in cash as the market has been kind to the investors that are willing to think outside the box and not follow the crowd.

To give you an idea of what stocks have been the big winners over the last five years take a look at the list below. Keep in mind the S&P 500 is up a mere 3.8% since 1/4/08.

  • Priceline.com ($PCLN) - Up 503%
  • Alexion Pharmaceuticals ($ALXN) - Up 423%
  • Dollar Tree Stores ($DLTR) - Up 414%
  • Catamaran ($CTRX) - Up 1,311%
  • Regeneron Pharmaceuticals - Up 705%
  • Liberty Media Capital ($LMCA) - Up 432%
  • Home Depot ($HD) - Up 153%
  • IBM ($IBM) - Up 92%
  • Walt Disney Company ($DIS) - Up 68%
  • Starbucks ($SBUX) - Up 208%
  • Apple ($AAPL) - Up 193%
  • Amazon.com ($AMZN) - Up 192%
  • Mastercard ($MA) - Up 154%

Lots of big names you all know on that list. This is one of the major reasons you NEVER should give up on the US stock market is you are a long-term investor. Let that resonate over the weekend and if you are ready to take advantage of this market please give Penn Financial Group a call for more information on our Portfolio Management services for investors of all sizes.

Have a great weekend!!

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