Strong Start To September

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 |  Includes: AMD, BA, BIIB, BSX, DAL, ETFC, GT, IVV, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, IYW, IYZ, MU, REGN, SDS, SH, SPY, SWY, VOO, VPU, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY
by: Bespoke Investment Group

September has historically been the worst month of the year for stocks, but this year the month has bucked the trend. As shown below, the average stock in the S&P 500 is now up 6.48% in September. All of the cyclical sectors are doing even better, with Industrial stocks leading the way with an average MTD gain of 8.34%. Materials and Technology are averaging the second and third best gains, followed by Consumer Discretionary and Financials. The defensive sectors are underperforming, which is typical in a strong market.

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Year to date, the average S&P 500 stock is now up 25.75%. Two sectors have posted average gains of more than 30% -- Consumer Discretionary at 33.55% and Health Care at 31.41%. The other two sectors that are outperforming the overall market are Technology and Financials.

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Below is a look at the 30 best performing S&P 500 stocks year to date. As shown, Netflix (NASDAQ:NFLX) leads the way with a gain of 231%, followed by Best Buy (NYSE:BBY) at 229% and Micron (NASDAQ:MU) at 172%. Boston Scientific (NYSE:BSX) and Gamestop (NYSE:GME) round out the top five and are the only other S&P 500 stocks up more than 100% YTD.

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