Best & Worst S&P 500 Stocks Since the November Bottom

[thegreatgate]

Bespoke Investment Group: Best and Worst Stocks Since 11/20
Investors are biting their fingernails to see whether or not US equity markets will hold their lows from November 20th. As we mentioned in a post earlier today, the current declines have been focused primarily in one sector -- the Financials.

Even though the market is essentially flat since November 20th, the average stock in the S&P 500 is actually up 13.93%! And even though the Financial sector as a whole is down about 12% since November 20th, the average stock in the sector is actually up 1.41%! This means that the biggest stocks in the sector are down significantly, and as we all know, these include Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC).

Since November, investors have begun to separate who they think will be the survivors and the non-survivors once all is said and done. And since nationalization seems to now be a serious option, and added pay caps from Senator Dodd (a man whose poll ratings are at all time lows due to his prior Wall Street dealings) could prove to be the fatal blow to most Wall Street firms, investors have become even more confident when making bets on stocks in the sector.

Below we highlight the 25 best and worst performing stocks in the S&P 500 since November 20th. As shown, there are 7 Financials on the list of winners, and these include PLD, LNC, MS, GNW, AIZ, HIG, and GS. Other notables include TSO, DHI, NEM, and AMZN. On the list of losers, there are 18 Financials, including HBAN, C, BAC, WFC, COF, RF, and BBT. Dow Chemical (DOW) has been the worst performing non-Financial with a decline of 48%.

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