December 1, 2022

Castlow

Be INvestment Confident

S&P 500: 9 Stocks Turned $10,000 Into $130,465 In 9 Months

It’s a tough S&P 500 stock market to make money on. But some investors are still finding a way to do it.




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All told, had you invested $10,000 in January and reinvested your money into the top stock currently in the S&P 500 each month this year, including Biogen (BIIB) in September, you’d have $130,465 now, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.

That’s an impressive nine-month gain of more than 1,205%. That’s quite a feat in a year the S&P 500 is down more than 24% and has been brushing with a bear market all year. The same $10,000 invested in the S&P 500 would be worth just $7,520 now. That’s a loss of $2,480.

While these nine stocks jumped the most, the S&P 500 struggled during the month. The S&P 500 dropped 9.3% in September, known as the worst month of the year for stocks. That extends the index’ 3.5% loss during August. It also prolongs many index investors’ pain. And to date, the S&P 500 dropped in seven of the past nine months.

Month Top S&P 500 stock Symbol Stock monthly % gain Sector S&P 500 % monthly ch. Beg. bal. Cumulative value of $10,000 investment in January reinvested in best stock each month
January Halliburton (HAL) 34.4% Energy -5.3% $10,000 $13,440
February SolarEdge (SEDG) 34.1% Information Technology -3.1% $13,440 $18,023
March Nielsen Holdings (NLSN) 56.4% Industrials 3.6% $18,023 $28,188
April Twitter (TWTR) 26.9% Communication Services -5.4% $28,188 $35,771
May Albemarle (ALB) 33.4% Materials -5.3% $35,771 $47,718
June Dollar General (DG) 11.4% Consumer Discretionary -8.4% $47,718 $53,158
July Enphase Energy (ENPH) 45.6% Information Technology 9.1% $53,158 $77,398
August Constellation Energy (CEG) 23.4% Utilities -3.5% $77,398 $95,509
September Biogen (BIIB) 36.6% Health Care -9.3% $95,509 $130,465
Sources: IBD, S&P Global Market Intelligence