When the stock markets are down, they are called bear markets. For a long time since
Out of the 505 companies in the S&P 500 only 160 were able to prove a positive year which is approxiematly 33% of the companies. The above trend is not surprising since S&P 500 has been down by 7% since the great recession.
Bull of the Bear Market!
Advanced Micro Devices (AMD) proved to be the bull of this bear market and surged growth of about 73% this term making it the top of the S&P 500.
AMD is benefiting from increased demand for PCs. Even though we live in a smartphone world, lots of businesses and gamers still need PCs, and AMD’s Ryzen chips have been taking market share from Intel.
The company’s growth is being led by CEO Lisa Su — one of the few female CEOs in tech, let alone Corporate America. With Su on board, AMD has strengthened its ties with the big PC companies like Dell and HP (HPQ).
Auto Parts Retailers
Auto parts retailers were also among the top performers in 2018. Advance Auto Parts (AAP) gained 55%, while O’Reilly Automotive (ORLY) gained 42%.
Advance has close to 6,400 stores and 54 distribution centers that put them close enough to its customers to make same-day or next-day delivery a snap.
These companies have sharpened their focus on service, helping guide customers through repairs and the technical auto parts market. Advance’s stock got a lift from a recent deal with Walmart (WMT).
Travel and Leisure
TripAdvisor (TRIP) was the fourth best stock of the year thanks to a healthy travel sector.
But short sellers are driving up the stock, anticipating a drop next year. Chipotle (CMG) gained 46% this year under new CEO Brian Niccol, making it one of the best stocks of 2018.
“We are changing the cultural narrative around our brand,”
Niccol said during a call with investors in June, adding that the company can increase sales by “reminding people why they love Chipotle.”