Happy Birthday, Bull Market - Here Are The Biggest Winners And Losers Over The Past 8 Years

Loading...
Loading...

The late Mark Haines famously told Erin Burnett on March 10, 2009 that the market had reached a bottom. That call unofficially marked the beginning of the market's bull run, and became known as the "Hanes Bottom." Friday marks the eight year anniversary of the "Haines Bottom."

CNBC's Morgan Brennan took a closer look at some of the biggest and losers over the past eight years.

The Winners

Since the Haines Bottom, beauty retailer Ulta Beauty Inc ULTA is a clear winner, having gained a whopping 6,345 percent. But that gain falls slightly short of Incyte Corporation INCY's 6,534 percent.

These returns makes Apple Inc. AAPL's 1,003 percent gain seem minuscule—but investors who bought the iPhone maker eight years ago and held on through last year's volatility probably aren't complaining much today.

Among the consumer discretionary group, Home Depot Inc HD's 780 percent return and Walt Disney Co DIS's 656 percent rice stand out as the sector's big winners.

Energy Stocks Hit Hard

Among the biggest losers since the "Haines bottom" are all energy stocks.

Southwestern Energy Company SWN plummeted 73 percent, Transocean LTD RIG lost 58 percent and Chesapeake Energy Corporation CHK lost 48 percent.

Meanwhile, Exxon Mobil Corporation XOM saw its stock gain just 55 percent, which seems good until you remember the Dow's more than 220 percent return over the same time period.

Related Link: Katie Stockton Predicted These Market Highs; Here's What She Says Is Coming Next

Related Link: David Tepper: It's Not The Right Time To Short The Market

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: CNBCMediaHaines BottomMark Haines
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...