Wall Street top 5 winners and losers of 2020

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Wall Street and market participants witnessed a volatile 2020. Almost every stock rebounded from the March low and US indices climbed to record highs. During the first quarter of 2020, the stocks plunged due to the coronavirus pandemic.

Here are the 5 best performing US stocks so far in 2020​


The strong recovery of US equities has been supported by optimism around potential COVID-19 vaccines and the Federal Reserve pumped liquidity into the market.

Zoom (NASDAQ: ZM)
  • The stock rallied more than 500% in 2020 and it reached the all-time high of $588 on Oct 19. $ZM considered one of the biggest winners during the pandemic time.
  • The company operating profit for the last quarter was $192.2 million, compared with an operating loss of $1.7 million for the same period a year ago.
Moderna (NASDAQ: MRNA)
  • The stock made a spectacular bullish rally from $17.68 on January 7, 2020, to $178 on December 01, 2020, and up by more than 700% this year.
  • Moderna was the first drugmaker to launch a coronavirus vaccine trial in humans in the U.S. Recently the stock pauses the upside rally as the Moderna COVID-19 Vaccine awaits the U.S. FDA approval.
Tesla (NASDAQ: TSLA)
  • Tesla stock is up more than 600% so far in 2020. On November 16th S&P Dow Jones said it would add Tesla shares to the S&P 500 on December 21. Since the announcement stock has risen more than 57%.
  • The company posted a net profit of $ 331 million in the July-September quarter, its fifth consecutive quarter of profitability.
  • The stock rally helped co-founder Elon Musk add $100.3 billion to his net worth this year and overtake Bill Gates to become the world’s second-richest person.
Pinterest (NYSE: PINS)
  • $PINS began trading in April 2019 that priced at 19 and right now the stock is trading above $70. 2020 has been a transformational year for Pinterest, the stock has surged approximately 275%.
  • During the third-quarter, Pinterest had 442 million monthly active users and revenue increased 58% from the year-ago period to $433 million.
Novavax (NASDAQ: NVAX)
  • $NVAX is up 2,500% since the beginning of the year. The stock has jumped from a price of $4 a share back in January to $150 in December. In August, the $NVAX hit an all-time high of $189.40.
  • The company reported weaker-than-expected third-quarter results. The last quarter loss associated with the manufacturing supply agreements for the company’s COVID-19 vaccine.

Here’s what I found 5 worst performing US stocks so far in 2020​


Airline and petroleum shares were the biggest losers in this year due to coronavirus lockdown and the oil prices drop. The crude oil prices witnessed the steepest drop since the Gulf War in 1991 but it rebounded from the March lows while few of the airline and petroleum shares still struggling to find the upside direction.

Wells Fargo (NYSE: WFC)
  • The stock is down 48% so far in 2020 and over the past three quarters, $WFC has seen earnings decline by 35%.
  • During the last quarter, the company reported EPS of 42 cents and revenue of $18.9 billion while the stock has gained 15.6% since the results.
United Airlines (NASDAQ: UA)
  • United Airlines stock is down around 45% this year with revenue down more than 65% from last year.
  • During November, the shares of the airline had gained 39.29% after the upbeat news on coronavirus vaccine.
Norwegian Cruise (NYSE: NCLH)
  • The stock price slides 56% year-to-date this year due to the coronavirus pandemic.
  • The company reported mixed third-quarter 2020 results. The revenue beat the Wall Street estimates while earnings missed the expectations.
Occidental Petroleum (NYSE: OXY)
  • The stock is down around 70% so far this year due to the COVID-19 crisis.
  • The estimated growth rate year over year of the company is -90% and the company posted a $3.8 billion loss for the third quarter.
Boeing Co (NYSE: BA)
  • Boeing shares sank more than 50% in 2020. Meanwhile, the shares gained upside momentum after the FAA lifted the grounding of the 737 MAX aircraft following the two deadly crashes.
  • Even though the stock received some upside momentum recently the shares are still down 30% from their 2020 highs.

Read more- https://gulfbrokers.com/en/wall-street-top-5-winners-and-losers-of-2020
 
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Good collection. In general, stocks of companies that help you do stuff from your home and ones that are healthcare-related did pretty well, and stocks of industries related to travel were affected badly. I think it is now a good time to look into the stocks that have declined as there is starting to be hope for recovery.
 
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