The S&P 500 has now rallied back 10% since the July 2nd correction low, but the index is still 7.68% below its April 23rd bull market high. Below we highlight the change since 4/23 for the ten S&P 500 sectors. As shown, only two sectors are up since 4/23, and both are defensive -- Telecom and Utilities. Financials and Consumer Discretionary are still down more than 10% since April 23rd.
click to enlarge
While the market still has a ways to go to retake its highs, there are plenty of stocks in the S&P 500 that are up since the bull market peak. Below are the thirty best performing stocks in the index since 4/23. As shown, Titanium Metals (TIE) is up the most with a gain of 35.89%. Genzyme (GENZ), NetApp (NTAP), Pactiv (PTV), and AutoNation (AN) round out the top five. Other notables on the winner list include Cummins (CMI), Sunoco (SUN), AutoZone (AZO), Verizon (VZ), Deere (DE), Sprint (S), and Motorola (MOT).