The 5 best and worst performing stocks in the S&P 500 in 2020

The 5 best and worst performing stocks in the S&P 500 in 2020
  • Despite a global pandemic and the sharpest economic downturn since the Great Depression, by 2020 many equities had managed to make strong gains.
  • Technology stocks took the lead in 2020, while consumers and businesses relied on software products to facilitate homework within the pandemic.
  • But energy and travel supplies suffered a setback this year as home orders led to a sharp drop in travel and demand for oil.
  • From Tesla to PayPal, Carnival to Occidental, these are the 5 best stocks performing the S&P 500 best in 2020.
  • Visit Business Insider’s homepage for more stories.

US equities returned strong in 2020 despite a global pandemic and the sharpest economic downturn since the Great Depression.

The S&P 500 has returned 16% since the end of Wednesday, and the tech sector has led the market higher as consumers and businesses adapt to work from home amid stay-at-home orders designed to boost COVID distribution restrict. -19.

But energy and travel supplies suffered a setback this year as home orders led to a sharp drop in travel and demand for oil.

From Tesla to PayPal, Carnival to Occidental, these are the 5 stocks that performed best and worst in 2020 on the S&P 500.

Read more: Bank of America highlights its top 8 stocks in the booming housing sector – including one it is expected to yield 54% next year

Best performers

5. PayPal

Ticker: PYPL

2020 Performance: 114%

pypl.JPG

4. Nvidia

Ticker: NVDA

2020 Performance: 123%

nvddd.JPG

Carrier Global

Ticker: CARR

2020 Performance: 214%

carrr.JPG

2. Etsy

Ticker: ETSY

2020 Performance: 314%

etsy.JPG

1. Tesla

Ticker: TSLA

2020 Performance: 730%

tsla-grafiek23.JPG

Read more: Ron Baron earned a $ 4.2 billion windfall just by investing in Tesla. The legendary investor told us why he still expects a 30-fold return from Elon Musk – and shared the biggest lessons and mistakes in his career.

Worst artists

Marathon Oil Corporation

Ticker: MRO

2020 Performance: -50%

mro.JPG

4. TechnipFMC

Ticker: FTI

2020 Performance: -55%

fti.JPG

Norwegian Cruise Line Holdings

Ticker: NCLH

2020 Performance: -56%

nclh.JPG

2. Occidental Petroleum

Ticker: OXY

2020 Performance: -57%

oxy.JPG

1. Carnival Corporation

Ticker: CCL

2020 Performance: -57%

ccl.JPG

Source