• About Me
  • Courses
  • Contact
    • Ads
  • Press & Media
  • Free eBook
  • Free Facebook Group
  • Disclosures
    • Privacy
Yes, I Am Cheap
ADVERTISEMENT
  • Home
  • News
    • All
    • Politics
    stimulus

    Why You Might Not Get A Stimulus Payment

    Credit card security, equifax data breach

    How to Claim $125+ from the Equifax Data Breach Settlement

    foreclosure homes - When Does It Make Sense to Refinance?

    When Does It Make Sense to Refinance?

    no apple

    Get A New iPhone? Heck No!

    poor definition

    Mom Fired For Working At McDonald’s While Kid Plays In Park…Was She Wrong?

    What’s Keeping You From Finding A Job

    U.S. Students Fall Behind: Seemingly Get Dumber By The Minute

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Lifestyle
    • All
    • Food
    • Health
    mask insert

    Wearing A Mask? This Can Help You Breathe Easier

    high deductible health plan

    What Is A High Deductible Health Plan?

    free thanksgiving dinner

    How to Get Your Thanksgiving Meal for Free

    using hand sanitizer, your own

    How to Make Your Own Hand Sanitizer

    Yoga pose

    5 Ways to Practice Yoga on a Budget

    Traveling, new cultures, Start a Saving Challenge, Spend Smart on Food

    3 Simple Ways to Save for A Vacation

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Investing
  • Make Money
  • Learn Something
  • News
  • Reduce Debt
  • Rental Property
No Result
View All Result
  • Home
  • News
    • All
    • Politics
    stimulus

    Why You Might Not Get A Stimulus Payment

    Credit card security, equifax data breach

    How to Claim $125+ from the Equifax Data Breach Settlement

    foreclosure homes - When Does It Make Sense to Refinance?

    When Does It Make Sense to Refinance?

    no apple

    Get A New iPhone? Heck No!

    poor definition

    Mom Fired For Working At McDonald’s While Kid Plays In Park…Was She Wrong?

    What’s Keeping You From Finding A Job

    U.S. Students Fall Behind: Seemingly Get Dumber By The Minute

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Lifestyle
    • All
    • Food
    • Health
    mask insert

    Wearing A Mask? This Can Help You Breathe Easier

    high deductible health plan

    What Is A High Deductible Health Plan?

    free thanksgiving dinner

    How to Get Your Thanksgiving Meal for Free

    using hand sanitizer, your own

    How to Make Your Own Hand Sanitizer

    Yoga pose

    5 Ways to Practice Yoga on a Budget

    Traveling, new cultures, Start a Saving Challenge, Spend Smart on Food

    3 Simple Ways to Save for A Vacation

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Investing
  • Make Money
  • Learn Something
  • News
  • Reduce Debt
  • Rental Property
No Result
View All Result
Yes, I Am Cheap
No Result
View All Result

Top 5 Performing S&P 500 Stocks of 2020

Aditya Raghunath by Aditya Raghunath
February 1, 2021
in Investing
0
Stock market performance

Stock market price display

Share on FacebookShare on Twitter

This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.


Welcome back! Have you checked out the free webinar on how to establish credit for your small business?


The last year has been extremely volatile for investors across asset classes. Equity markets were down in the dumps in March 2020, after the COVID-19 pandemic decimated companies across sectors.

However, driven by federal benefits and quantitative easing measures, as well as a low-interest-rate environment, the stock markets around the world showcased a V-shaped recovery which meant the S&P 500 Index gained over 16% by the end of 2020.

The snap-back rally was primarily driven by companies in the tech and healthcare verticals. Let’s take a look at the top five performing companies on the S&P 500 in 2020.

Tesla

The electric vehicle giant, Tesla, has been on an absolute tear in 2020. Shares of Tesla rose by 743% in 2020. Tesla was recently added to the S&P 500 index after it delivered five consecutive quarters of profits.

In 2020, the EV leader delivered close to 500,000 vehicles and is now the most valuable automobile company in the world with a market cap of $800 billion. The shift towards clean-energy will continue to drive demand for Tesla’s automobiles, making the company a solid pick for long-term investors.

Tesla

Etsy

The e-commerce space was one of the few verticals that thrived amid the pandemic. As people were stuck at home, they had no option but to shop online and the shift towards e-commerce accelerated in 2020.

Etsy shares were up 301% in the last year as the company is on track to increase sales by a stellar 97% year over year in 2020.

Etsy

NVIDIA

Semiconductor heavyweight NVIDIA (NVDA) gained 122% in 2020 and its currently valued at a market cap of $322.5 billion. NVIDIA deals in programmable graphics-processor technologies. Its major business segments include GPUs (graphics processing units), media and communications processors and handheld and consumer electronics.

The company released new GPUs in its gaming and data center verticals, driving demand significantly higher. In September 2020, it also announced a $40 billion acquisition of the SoftBank controlled ARM Group.

Nvidia

PayPal

The fintech segment was another space that gained massive traction in 2020. Shares of PayPal were up 116.5% last year as several people are now using digital wallets driving demand for the company’s services higher.

In the last two quarters PayPal sales were up 25% year over year and it has grown its user base to 361 million active customers. The PayPal-acquired Venmo which is a peer-to-peer payment application platform is expected to be a key revenue driver for the firm in 2021 and beyond.

The PayPal management expects Venmo to account for $900 million of total sales in 2021.

PayPal

L Brands

L Brands is a company that sells apparel, personal care and beauty products for women. It also sells apparel and accessories for men. Shares of L Brands more than doubled in 2020 despite it closing 239 Victoria Secret shops in Canada and the U.S.

However, L Brands’ expects to derive $400 million in cost savings in 2020 while its Bath & Body sales also rose 55% year over year in Q3, driving the stock significantly higher, amid the pandemic.

L Brands

Related

Previous Post

What Is A High Deductible Health Plan?

Next Post

What’s The Deal With All The Scammers Lately?

Aditya Raghunath

Aditya Raghunath

Aditya is a staff writer with experience in analyzing and evaluating data trends, investment possibilities, and market trends. With experience working in the financial services and digital marketing industries, Aditya brings a fresh perspective and analysis in plain language that everyone can use.

Next Post
Scams

What’s The Deal With All The Scammers Lately?

Stay Connected

  • 5.6k Fans
  • 10.1k Followers
  • 4.7k Followers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest

Feed Family of Four for $10

February 6, 2021
Yoga pose

5 Ways to Practice Yoga on a Budget

February 4, 2021
using hand sanitizer, your own

How to Make Your Own Hand Sanitizer

February 4, 2021

Would You Pay For Work?

February 6, 2021
Federal Student Loan Debt Relief

Why Some People Should Wait Before Applying for Student Loan Forgiveness

October 18, 2022
AirBnb Experiences

Why Airbnb Experiences Are The Best Side Hustle

July 10, 2021
mask insert

Wearing A Mask? This Can Help You Breathe Easier

February 21, 2021
Scams

What’s The Deal With All The Scammers Lately?

February 18, 2021

Recent News

Federal Student Loan Debt Relief

Why Some People Should Wait Before Applying for Student Loan Forgiveness

October 18, 2022
AirBnb Experiences

Why Airbnb Experiences Are The Best Side Hustle

July 10, 2021
mask insert

Wearing A Mask? This Can Help You Breathe Easier

February 21, 2021
Scams

What’s The Deal With All The Scammers Lately?

February 18, 2021

Helping you live your best financial life through personal finance news and education

Follow Us Everywhere

Browse by Category

  • About Me
  • Auto
  • Credit
  • Credit Cards
  • Finance 101
  • Food
  • Get Out of Debt Course
  • Health
  • Investing
  • Learn Something
  • Lifestyle
  • Make Money
  • News
  • Off The Reservation
  • Partner Posts
  • Politics
  • Rants
  • Reader Advice
  • Recipes
  • Reduce Debt
  • Rental Property
  • Save Money
  • Scams
  • Special Offers
  • Spend Money
  • Sponsored Posts
  • Video Pick
  • Weekly Roundup
  • Work

Recent News

Federal Student Loan Debt Relief

Why Some People Should Wait Before Applying for Student Loan Forgiveness

October 18, 2022
AirBnb Experiences

Why Airbnb Experiences Are The Best Side Hustle

July 10, 2021
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 Say Yes Services LLC. All rights reserved.

No Result
View All Result
  • About Me
  • Courses
  • Contact
    • Ads
  • Press & Media
  • Free eBook
  • Free Facebook Group
  • Disclosures
    • Privacy

© 2021 Say Yes Services LLC. All rights reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT