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Top 10 S&P Stocks Of The Obama Presidency

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Top 10 S&P Stocks Of The Obama Presidency

Outgoing president Barack Obama is almost hitting the homestretch of his presidency. Economically, Obama's tenure was characterized by steadiness, although lacking the verve of a buoyant phase. The performance can still be qualified as commendable, given the precarious situation the economy was in when he assumed office during his first term.

The economy was emerging from a recession, seen as a corollary of the housing market slump and the subprime mortgage crisis. Through resuscitation and careful nurturing, the economy slowly and steadily began to find its feet, although the recovery was extremely painful. However, the end result is that the economy did weather the turbulence.

Against this backdrop, some of the stocks shone the brightest, making investors who passed over the securities for a lack of conviction shake their heads in disappointment. CNBC's Carl Quintanilla revealed in a tweet* S&P Global Market Intelligence's list of top performers among the stocks during the two tenures of Obama. The period considered was from January 20, 2009, to January 10, 2017.

Top 10 S&P 500 Outperformers

Here is the list of 10 S&P 500 outperformers during Obama's tenure:

    1. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA): +4,238.84 percent.
    2. Netflix, Inc. (NASDAQ: NFLX): +2,805.82 percent.
    3. Priceline Group Inc (NASDAQ: PCLN): +2,058.37 percent.
    4. General Growth Properties Inc (NYSE: GGP): +2,056.03 percent.
    5. Regeneron Pharmaceuticals Inc (NASDAQ: REGN): +2,048.62 percent.
    6. United Rentals, Inc. (NYSE: URI): + 1,599.84 percent.
    7. Skyworks Solutions Inc (NASDAQ: SWKS): +1,584.31 percent.
    8. Amazon.com, Inc. (NASDAQ: AMZN): +1,442.74 percent.
    9. NVIDIA Corporation (NASDAQ: NVDA): +1,232.54 percent.
    10. Starbucks Corporation (NASDAQ: SBUX): + 1,123.68 percent.

Even if you missed the bus, it is no cause for worry, as some high fliers trading in record territory may not fall down with a thud. They might still have fuel in them to fire further upside.

*Editor Note: Benzinga's figures do not match those provided by Quintanilla, as our analysis was conducted at the close of the range dates (e.g., using closing numbers for January 10, 2017), whereas the tweet was from early morning Tuesday.

Posted-In: Barack Obama Carl QuintanillaCNBC News Markets Movers Media Trading Ideas Best of Benzinga

 

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