With eight days of selling in the broader stock market, a feat not recorded since 2011, many investors may be worried that the Trump-bump post-election rally might be over. Time will show the verdict there, but there are many stocks that have surged in 2017.
24/7 Wall St. tracked the best performing members of the S&P 500 Index on a year-to-date basis. It turns out that seven of the 500 stocks have gains of between 30% and 50%. That’s no small potatoes.
We have added color on each gain here from FINVIZ, with consensus analyst target data and trading history from Thomson Reuters. Current prices were shown as of Tuesday, March 28, 2017.
NRG Energy Inc. (NYSE: NRG) hasn’t held a memorable position on the leaderboard of S&P 500 stocks in quite some time. Despite a 1% drop on Tuesday, NRG was the best performer of the S&P 500, with a 48% gain so far in 2017. A potential buyout may be driving the interest.
Shares of NRG were last seen down 1% at $18.00 on Tuesday, with a consensus analyst price target of $20.36 and a 52-week trading range of $9.84 to $18.56.
Incyte Corp. (NASDAQ: INCY) is currently the second best performing member of the S&P 500 in 2017, with...