When it comes to picking stocks in 2014, investors appear to be sticking with 2013’s winners.
Listed below are the 10 stocks in the S&P 500 that rose the most last year. They rallied an average of 158% and include familiar names like Netflix, Best Buy, Delta Air Lines, Boston Scientific and Facebook.
So how are they faring in 2014? Eleven trading days into the new year and these stocks are up an average of 0.9%. While that may not sound like much, it easily beats this year’s 0.2% decline in the benchmark S&P 500. And it even takes into account today’s 27% plunge in Best Buy on disappointing Christmas sales.
Interestingly, Best Buy is down almost 32% in 2014, making it the S&P 500’s worst-performing stock. It drives home just how important it is to have a diversified portfolio!