It has been a tumultuous year for the markets where the news has been driven by headlines of falling dollar values, sluggish economic recovery, rising gold and flash crashes. 2010 has been has been a rocky road for the equity markets and economies around the globe with investors constantly looking for answers amongst all the confusion.
With this crazy year three quarters in the books it is time to separate the year’s biggest winners and losers and identify which stocks have been driving the markets in 2010. We are providing a list of the top 20 performing stocks in the S&P 500 index to keep up to date on which companies have led the way thus far in 2010 and which companies have been a drag on the overall returns. The returns listed are the total return (including dividends) the company has delivered as of last Friday’s close and the index in comparison has delivered a return of 5.48% so far YTD. We can also see if there are any obvious trends in the companies with the best and worst performance of the year.
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Also by using AFG's research and valuation model we have provided further analysis on 4 of the best/worst performing companies, 2 that we find attractive going forward (Sunoco and NVIDIA)and 2 that we find unattractive(Monsanto and Monster Worldwide), based on valuation attractiveness, expected improvement in economic profitability and overall investment opportunity. Both NVDA and SUN look to be trading at a discount to their intrinsic value, are expected to improve economic profitability in the next fiscal year and look poised to outperform the market going forward while the opposite is true for both MON and MWW.