Yahoo Finance 18 Investments That Have Skyrocketed in the Post-Pandemic Era
Although the COVID-19 pandemic hit more than four years ago, some things are not quite back to normal. The virus itself is still around, and there could be an uptick in cases this summer, the Washington Post reported. Meanwhile, the economy continues to deal with issues caused by the pandemic, and many Americans are still struggling. But one thing that is back to normal is the stock market, which has rebounded in a big way just as it has throughout history.
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The S&P 500 is up by about 130% since hitting a pandemic low of $2,304.92 during the week of March 20, 2020 (it closed at $5,304.72 on May 24, 2024). That kind of growth might not have seemed possible during the early days of COVID. If you invested in the right stocks back then, you’re probably a lot richer now.
Some of the best-performing stocks in the post-pandemic era operate in the healthcare sector, which is maybe not surprising considering that some got a big boost from COVID vaccines. Other sectors that have done well include energy and technology.
The highest flyer since COVID hit — Nvidia — has benefited from the swift rise of artificial intelligence. If you had spent about $600 for 10 shares of Nvidia during the early days of the pandemic, that investment would be worth more than $10,000 today.
Here’s a look at 18 investments that have skyrocketed in the post-pandemic era.
Nvidia (NVDA)
Price per share, March 9, 2020: $60.21
Price per share, May 20, 2024: $1,064.69
Difference in $: $930.67
Difference in %: 1,668%
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Quanta Services (PWR)
Price per share, March 9, 2020: $32.45
Price per share, May 20, 2024: $283.43
Difference in $: $250.98
Difference in %: 773%
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Moderna (MRNA)
Price per share, March 9, 2020: $21.30
Price per share, May 20, 2024: $166.61
Difference in $: $145.31
Difference in %: 682%
First Solar (FSLR)
Price per share, March 9, 2020: $35.96
Price per share, May 20, 2024: $276.74
Difference in $: $240.78
Difference in %: 670%
United Rentals (URI)
Price per share, March 9, 2020: $91.01
Price per share, May 20, 2024: $673.55
Difference in $: $582.54
Difference in %: 640%
Freeport-McMoRan (FCX)
Price per share, March 9, 2020: $7.53
Price per share, May 20, 2024: $51.53
Difference in $: $44.00
Difference in %: 584%
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Steel Dynamics (STLD)
Price per share, March 9, 2020: $21.85
Price per share, May 20, 2024: $133.34
Difference in $: $111.49
Difference in %: 510%
Broadcom (AVGO)
Price per share, March 9, 2020: $234.22
Price per share, May 20, 2024: $1,407.84
Difference in $: $1,173.62
Difference in %: 501%
Eli Lilly and Company (LLY)
Price per share, March 9, 2020: $139.37
Price per share, May 20, 2024: $807.43
Difference in $: $668.06
Difference in %: 479%
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Devon Energy: DVN
Price per share, March 9, 2020: $8.70
Price per share, May 20, 2024: $48.15
Difference in $: $39.45
Difference in %: 453%
ON Semiconductor (ON)
Price per share, March 9, 2020: $14.49
Price per share, May 20, 2024: $72.56
Difference in $: $58.07
Difference in %: 401%
Nucor Corp. (NUE)
Price per share, March 9, 2020: $35.84
Price per share, May 20, 2024: $171.27
Difference in $: $135.43
Difference in %: 378%
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EQT Corp. (EQT)
Price per share, March 9, 2020: $9.53
Price per share, May 20, 2024: $40.15
Difference in $: $30.62
Difference in %: 321%
Advanced Micro Devices (AMD)
Price per share, March 9, 2020: $43.90
Price per share, May 20, 2024: $166.36
Difference in $: $122.46
Difference in %: 279%
Valero Energy (VLO)
Price per share, March 9, 2020: $49.90
Price per share, May 20, 2024: $162.42
Difference in $: $112.52
Difference in %: 225%
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Apple (AAPL)
Price per share, March 9, 2020: $69.49
Price per share, May 20, 2024: $189.98
Difference in $: $120.49
Difference in %: 173%
Blackstone (BX)
Price per share, March 9, 2020: $46.72
Price per share, May 20, 2024: $123.64
Difference in $: $76.92
Difference in %: 165%
Analog Devices (ADI)
Price per share, March 9, 2020: $99.79
Price per share, May 20, 2024: $232.51
Difference in $: $132.72
Difference in %: 133%
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This article originally appeared on GOBankingRates.com: 18 Investments That Have Skyrocketed in the Post-Pandemic Era
