banner



Best Stocks To Make Money Now

It's been a volatile stretch for the stock market. From the pandemic-induced sell off in early 2020 to recent record highs in 2021, the market has certainly tested investors' mettle. But when looking for the best stocks, investors should consider long-term performance, not short-term volatility. To help with that, we've compiled the best stocks in the S&P 500, measured by year-to-date performance.

Are these the best stocks to invest in right now? Not necessarily. Not only is predicting the future of even the current top-performing stocks a job the pros haven't yet mastered, but the best stocks for your portfolio aren't necessarily the best stocks for someone else's portfolio.

If you're looking for the best stocks to invest in, you might also want to consider investing in stocks through index funds.

Here are the best-performing stocks in the S&P 500 so far in 2021:

Best stocks as of November 2021

Symbol

Company Name

Price Performance (This Yr)

MRNA

Moderna Inc.

230.44%

DVN

Devon Energy Corp.

160.98%

MRO

Marathon Oil Corp.

144.68%

BBWI

Bath & Body Works Inc.

129.87%

FTNT

Fortinet Inc.

126.45%

FANG

Diamondback Energy Inc.

121.47%

GNRC

Generac Holdings Inc.

119.23%

NUE

Nucor Corp.

109.91%

IT

Gartner Inc.

107.20%

NVDA

NVIDIA Corporation

95.84%

F

Ford Motor Co.

94.31%

OXY

Occidental Petroleum Corp.

93.70%

EOG

EOG Resources Inc.

87.76%

COP

Conocophillips

86.27%

SIVB

SVB Financial Group

84.98%

APA

APA Corporation

84.71%

RHI

Robert Half International Inc.

80.97%

MOS

Mosaic Company

80.66%

CRL

Charles River Laboratories International Inc.

79.57%

ODFL

Old Dominion Freight Line Inc.

74.89%

Data is current as of November 1, 2021

The answer for many: index funds

Picking individual stocks is difficult, which is why many investors turn to index mutual funds and exchange-traded funds, which bundle many stocks together.

When individual stocks come together into a diversified portfolio via index funds, they have a lot of power: The S&P 500 index — which includes approximately 500 of the largest companies in the U.S. — has posted an average annual return of nearly 10% since 1928.

An S&P 500 index fund or ETF will aim to mirror the performance of the S&P 500 by investing in the companies that make up that index. Likewise, investors can track the DJIA with an index fund tied to that benchmark. If you want to cast a wider net, you could purchase a total stock market fund, which will hold thousands of stocks.

Within an index fund, the winners balance out the losers — and you don't have to forecast which is which. That's why many financial advisors think low-cost index funds and exchange-traded funds should form the basis of a long-term portfolio.

Advertisement

Merrill Edge

SoFi Active Investing

E*TRADE

NerdWallet rating

NerdWallet rating

NerdWallet rating

Learn More

Learn More

Learn More

Fees

$0

per trade

Fees

$0

per trade

Fees

$0

per trade

Account Minimum

$0

Account Minimum

$0

Account Minimum

$0

Promotion

Up to $600

when you invest in a new Merrill Edge® Self-Directed account.

Promotion

$5 to $1,000

in free stock for users who sign up via mobile app

Promotion

Get $600 or more

when you open and fund an E*TRADE account with code: BONUS21

Managing expectations

Index funds won't beat the market. They aren't supposed to. An index fund's goal is to match the returns posted by its benchmark — for an S&P 500 fund , that benchmark is the S&P 500. There are index funds that track a range of underlying assets, from small-cap stocks, to international stocks, bonds and commodities such as gold.

Index funds are inherently diversified, at least among the segment of the market they track. Because of that, all it takes is a few of these funds to build a well-rounded, diversified portfolio. They're also less risky than attempting to pick a few could-be winners out of a lineup of stocks.

The downside: Some might argue they're significantly less thrilling than chasing the current hot stocks. If you're seeking that stock-picking rush, you might consider a happy middle ground: Dedicate a small portion of your portfolio to predicting the next big thing, and use index funds for the rest.

Disclosure: The author held no positions in the aforementioned securities at the original time of publication.

Best Stocks To Make Money Now

Source: https://www.nerdwallet.com/article/investing/best-performing-stocks

Posted by: linaresfespon78.blogspot.com

0 Response to "Best Stocks To Make Money Now"

Post a Comment

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel