Deep Dive: These stocks have performed the best since the coronavirus stalled the U.S. bull market

U.S. stocks opened higher on Monday, setting up what might end up to be the first positive day for the market after seven straight trading session of declines.

Among the S&P 500 index

SPX, +2.10%,

408 stocks were up during the opening minutes of trading Monday. Since the close on Feb. 19, only three of the benchmark index’s stocks have risen through early Monday trade.

It is typical amid a market correction — defined as a drop of at least 10% — for some professional investors to say it is time to stop following the herd and purchase stocks. From the early action, it appeared the majority of investors were ready to buy that argument.

• The S&P 500 index was up 0.8% in the opening minutes of trading. The index had slumped 12.8% from its closing record on Feb. 19 through Feb. 28.

• The Dow Jones Industrial Average

DJIA, +2.29%

 opened by rising 223 points, or 0.9%, to 25,632.33. Through Feb. 28 the Dow had plunged 13.4% from Feb. 19.

• The Nasdaq Composite Index

COMP, +2.06%

 started Monday with a 1.3% gain. The index had skidded 12.7% between Feb. 19 and Feb. 28.

Best performers during coronavirus correction

Here are the 19 S&P 500 stocks that had gains or were down less than 5.0% from the benchmark’s closing high on Feb. 19 through early Monday:

Company Ticker Industry Price change since Feb. 19 Price change – 2020 Decline from 52-week high Price change – March 2, 2020
Regeneron Pharmaceuticals, Inc.

REGN, +2.11%

Biotechnology 11.9% 19.4% -4.6% 0.9%
Gilead Sciences, Inc.

GILD, +4.48%

 

Biotechnology 4.6% 8.4% -10.7% 1.6%
E-Trade Financial Corporation

ETFC, +0.70%

Investment Banks/Brokers 1.7% 0.7% -20.2% -0.2%
Tiffany & Co.

TIF, -0.03%

Specialty Stores -0.5% 0.0% -0.6% 0.0%
Newmont Corporation

NEM, +4.12%

Precious Metals -1.1% 5.1% -11.0% 2.3%
Clorox Company

CLX, +6.14%

Household/Personal Care -1.1% 6.1% -6.4% 2.2%
Qorvo, Inc.

QRVO, -2.07%

Semiconductors -2.9% -12.9% -17.3% 0.6%
AutoZone, Inc.

AZO, +0.44%

Specialty Stores -3.1% -13.2% -18.9% 0.1%
Keysight Technologies Inc

KEYS, +0.43%

Electronic Equipment/Instruments -3.2% -7.1% -13.3% 0.6%
Kroger Co.

KR, +4.73%

Food Retail -3.8% -2.0% -7.5% 1.0%
MarketAxess Holdings Inc.

MKTX, +2.51%

Investment Banks/Brokers -3.8% -13.3% -22.0% 1.3%
Public Storage

PSA, +2.94%

Real Estate Investment Trusts -3.9% -1.3% -21.2% 0.5%
Allergan plc

AGN, +0.72%

 

Pharmaceuticals: Generic -4.0% -0.1% -5.6% 0.1%
Netflix, Inc.

NFLX, +1.00%

Cable/Satellite TV -4.0% 14.5% -5.7% 0.4%
Deere & Company

DE, +3.36%

Trucks/Construction/Farm Machinery -4.1% -8.7% -13.1% 1.1%
CME Group Inc. Class A

CME, +2.66%

Investment Banks/Brokers -4.3% -1.1% -11.9% -0.1%
Take-Two Interactive Software, Inc.

TTWO, +3.16%

Recreational Products -4.5% -11.5% -20.1% 0.9%
CF Industries Holdings, Inc.

CF, +1.79%

Chemicals: Agricultural -4.8% -21.5% -32.0% 1.7%
Quanta Services, Inc.

PWR, +0.39%

Engineering & Construction -4.9% -7.7% -14.8% -1.5%
Source: FactSet

You can click the tickers for more about each company.

Worst performers during the correction

Here are the 20 worst-performing S&P 500 stocks since the close on Feb. 19, also through early Monday.

Company Ticker Industry Price change since Feb. 19 Price change – 2020 Decline from 52-week high Price change – March 2, 2020
American Airlines Group, Inc.

AAL, -3.73%

Airlines -33.7% -34.5% -47.8% -1.4%
ViacomCBS Inc. Class B

VIAC, -4.06%

Broadcasting -31.4% -41.7% -54.4% -0.6%
Norwegian Cruise Line Holdings Ltd.

NCLH, -7.06%

Hotels/Resorts/Cruiselines -29.2% -36.9% -38.4% -1.1%
Devon Energy Corporation

DVN, -0.92%

Oil & Gas Production -27.9% -36.9% -53.7% 0.9%
Royal Caribbean Cruises Ltd.

RCL, -2.67%

Hotels/Resorts/Cruiselines -26.8% -39.1% -39.9% 1.1%
Lincoln National Corporation

LNC, +2.43%

Life/Health Insurance -25.5% -23.1% -32.8% -0.1%
FLIR Systems, Inc.

FLIR, +2.71%

Aerospace & Defense -25.4% -17.2% -27.5% 1.5%
Carnival Corporation

CCL, -4.45%

Hotels/Resorts/Cruiselines -24.6% -35.7% -44.3% -2.3%
Halliburton Company

HAL, -1.00%

Oilfield Services/Equipment -23.8% -30.6% -47.4% 0.1%
MGM Resorts International

MGM, -0.55%

Casinos/Gaming -23.8% -26.5% -29.4% -0.4%
United Airlines Holdings, Inc.

UAL, -4.90%

Airlines -23.7% -31.2% -36.9% -1.6%
Newell Brands Inc

NWL, +3.63%

Industrial Conglomerates -22.3% -19.6% -26.3% 0.2%
Occidental Petroleum Corporation

OXY, -0.67%

Oil & Gas Production -22.1% -19.7% -51.9% 1.1%
Alaska Air Group, Inc.

ALK, -1.92%

Airlines -22.0% -25.0% -29.6% 0.7%
Baker Hughes Company Class A

BKR, +2.36%

Oilfield Services/Equipment -21.9% -36.6% -43.2% 1.1%
Diamondback Energy, Inc.

FANG, -0.17%

Oil & Gas Production -21.5% -32.9% -45.4% 0.4%
Delta Air Lines, Inc.

DAL, -1.13%

Airlines -21.4% -21.4% -27.6% -0.4%
SVB Financial Group

SIVB, -0.49%

Regional Banks -21.3% -16.3% -22.5% 0.9%
Unum Group

UNM, +2.45%

Life/Health Insurance -21.2% -19.8% -38.9% 0.4%
Align Technology, Inc.

ALGN, +1.72%

Medical Specialties -20.9% -21.4% -34.5% 0.4%
Source: FactSet

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