Yahoo Finance: "2019's biggest winners were 2018's biggest losers"

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Yahoo Finance: "2019's biggest winners were 2018's biggest losers"

Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas:

…. “There’s an interesting characteristic that the best performing stocks of 2019 share: They were smoked in December 2018.

What goes down must go up? Apparently.

This is the focus of a new research note released by DataTrek Research co-founder Nick Colas, a veteran Wall Street strategist.

Here are the best performing S&P 500 (^GSPC) stocks so far in 2019:

  • Xerox (XRX): +54%; December 2018’s return: -37.7%
  • Delphi Technology (DLPH): 47%; December 2018’s return: -16.2%
  • HanesBrands (HBI): +46%; December 2018’s return: -21.2%
  • Mattel (MAT): +45%; December 2018’s return: -28.2%
  • Xilinx (XLNX): +41%; December 2018’s return: -7.9%
  • Chipotle (CMG): +41.5%; December 2018’s return: -8.8%
  • Hess (HES): +41%; December 2018’s return: -24.8%

Notice a pattern?”….

Read the full article here on Yahoo Finance!