Needless to say. 2020 was a roller-coaster ride for the S&P 500 (SNPINDEX:^GSPC), as well as the markets in general. The index started off the year where it had ended 2019, hitting new highs and continuing its upward trajectory, only to be completely blindsided by the coronavirus pandemic about to begin.
In the span of a single month, the S&P 500 wiped out over two years' worth of gains, at one point falling below 2,200. But it then made a miraculous recovery and stormed to record highs, ending the year some 70% above that low point.
While most stocks rallied, here are the eight companies in the S&P 500 index that performed the best in 2020.
5 Winning Stocks Under $49
We hear it over and over from investors, “I wish I had bought Amazon or Netflix when they were first recommended by the Motley Fool. I’d be sitting on a gold mine!” And it’s true. And while Amazon and Netflix have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Simply click here to learn how to get your copy of “5 Growth Stocks Under $49” for FREE for a limited time only.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.