Below we highlight the best performing stocks in the Russell 3,000 year to date (eliminating stocks currently trading under $5). Momentum investors like to keep track of these stocks and view their charts to look for big pickups in volume or ones that are trading at good entry points. There are sure to be at least a few of these stocks on the best performing list at the end of the year as well.
As shown, Stillwater Mining (SWC) is currently the best performing stock in the index in 2008 -- up 95.65%. EchoStar (SATS) is second at 95.11%, followed by CAO and IDIX. Currently, there aren't many big-name companies in the top 30, but it's good to see some homebuilders like MHO, PHM and HOV on the list.
SiRF Technology (SIRF) is currently the worst performer in the index at -73.46%. SIRF is followed by ARUN (-65.46%), SHOR (-63.64%) and CADX (-61.17%).