Another Month of '08 in the Books

The year is now a third over, and the S&P 500 is down 5.64% year to date. Below we provide the year to date performance of the ten sectors of the S&P 500.

Telecom is down the most at -11.25%, followed by Healthcare (-10.69%), Technology (-9.52%), Financials (-9.26%) and Utilities (-6.03%). Industrials, Consumer Staples, Consumer Discretionary, Materials and Energy are the sectors that are outperforming the overall market, with Materials and Energy the only ones in the black this year.

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Below we highlight the best performing stocks in the Russell 3,000 through the end of April (>$5/share). As shown, Finish Line (FINL) is up the most at 171.49%, followed by IDIX, CAO, MMR and CWEI. Of the stocks in the index that are currently trading over $5 per share, 37.9% are trading up on the year, 6.9% are up more than 25%, 1.26% are up more than 50%, and 0.19% are up more than 100%.

Comments

[The Jackal:]

MMR is one of the best run exploration companies in the world. As of this report YTD performance was 109%. I believe that year-end performance for 2008 will be +400%. MMR is a well managed company, solid balance sheet, new / innovative technology, attractive sector and bright sales and earnings prospects.

2008 Jun 25 12:48 PM