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Philip van Doorn

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May 5, 2022, 9:17 a.m. EDT

These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022

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By Philip van Doorn

Wednesday turned into a big day for stocks — the S&P 500 index had its largest one-day percentage gain in nearly two years — after the Federal Reserve raised the federal funds rate by half a percentage point and announced plans to begin reducing its bond portfolio next month.

But key stock-market benchmarks — and many of the day’s biggest movers — remain deep in the red for the year, underscoring what a difficult period it has been for investors. The Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP +0.90% , which added 3.2% on Wednesday, has plummeted 17.1% for 2022. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.05% is down a more modest 6.3% for the year after Wednesday’s 2.8% bump.

The day’s winners among the S&P 500

Among the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.06% , 10 stocks rose at least 8% on May 4:

Company Ticker Price change – May 4 Price change – 2022 Decline from 52-week high Date of 52-week intraday high
Paycom Software Inc. /zigman2/quotes/208108773/composite PAYC 13.8% -21.0% -41.3% 11/02/2021
Generac Holdings Inc. /zigman2/quotes/208144117/composite GNRC 11.8% -25.6% -50.1% 11/02/2021
Enphase Energy Inc. /zigman2/quotes/207948472/composite ENPH 10.0% 4.9% -32.0% 11/22/2021
Starbucks Corp. /zigman2/quotes/207508890/composite SBUX 9.8% -30.2% -35.4% 07/23/2021
Xylem Inc. /zigman2/quotes/208279712/composite XYL 9.6% -24.7% -34.9% 09/02/2021
Amcor PLC /zigman2/quotes/212673157/composite AMCR 9.6% 9.2% -0.4% 05/04/2022
Albemarle Corp. /zigman2/quotes/200578017/composite ALB 9.3% -7.8% -26.1% 11/22/2021
Advanced Micro Devices Inc. /zigman2/quotes/208144392/composite AMD 9.1% -30.9% -39.5% 11/30/2021
Etsy Inc. /zigman2/quotes/202790087/composite ETSY 8.8% -50.1% -64.5% 11/26/2021
SolarEdge Technologies Inc. /zigman2/quotes/207754270/composite SEDG 8.3% 1.4% -27.0% 11/22/2021
Source: FactSet

Click on the tickers for more about each company.

Read  Tomi Kilgore’s detailed guide to the wealth of information for free on the MarketWatch quote page.

Don’t miss: Here’s how you can play it safe with your investments as interest rates rise

/zigman2/quotes/210598365/realtime
US : Nasdaq
11,127.85
+99.11 +0.90%
Volume: 4.11M
July 1, 2022 5:16p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,097.26
+321.83 +1.05%
Volume: 313.35M
July 1, 2022 5:45p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,825.33
+39.95 +1.06%
Volume: 2.20B
July 1, 2022 5:45p
loading...
/zigman2/quotes/208108773/composite
US : U.S.: NYSE
$ 291.17
+11.05 +3.94%
Volume: 300,847
July 1, 2022 4:03p
P/E Ratio
75.88
Dividend Yield
N/A
Market Cap
$17.54 billion
Rev. per Employee
$211,113
loading...
/zigman2/quotes/208144117/composite
US : U.S.: NYSE
$ 217.51
+6.93 +3.29%
Volume: 666,576
July 1, 2022 4:00p
P/E Ratio
28.80
Dividend Yield
N/A
Market Cap
$13.88 billion
Rev. per Employee
$426,164
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/zigman2/quotes/207948472/composite
US : U.S.: Nasdaq
$ 195.72
+0.48 +0.25%
Volume: 2.07M
July 1, 2022 4:00p
P/E Ratio
166.73
Dividend Yield
N/A
Market Cap
$26.43 billion
Rev. per Employee
$673,269
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/zigman2/quotes/207508890/composite
US : U.S.: Nasdaq
$ 79.26
+2.87 +3.76%
Volume: 7.54M
July 1, 2022 4:00p
P/E Ratio
21.22
Dividend Yield
2.47%
Market Cap
$90.90 billion
Rev. per Employee
$81,783
loading...
/zigman2/quotes/208279712/composite
US : U.S.: NYSE
$ 78.75
+0.57 +0.73%
Volume: 690,751
July 1, 2022 4:03p
P/E Ratio
33.86
Dividend Yield
1.52%
Market Cap
$14.18 billion
Rev. per Employee
$301,676
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/zigman2/quotes/212673157/composite
US : U.S.: NYSE
$ 12.53
+0.10 +0.80%
Volume: 9.96M
July 1, 2022 4:00p
P/E Ratio
20.16
Dividend Yield
3.83%
Market Cap
$18.97 billion
Rev. per Employee
$306,283
loading...
/zigman2/quotes/200578017/composite
US : U.S.: NYSE
$ 205.15
-3.83 -1.83%
Volume: 1.00M
July 1, 2022 4:00p
P/E Ratio
86.26
Dividend Yield
0.77%
Market Cap
$24.03 billion
Rev. per Employee
$604,399
loading...
/zigman2/quotes/208144392/composite
US : U.S.: Nasdaq
$ 73.67
-2.80 -3.66%
Volume: 87.73M
July 1, 2022 4:00p
P/E Ratio
27.48
Dividend Yield
N/A
Market Cap
$119.38 billion
Rev. per Employee
$1.22M
loading...
/zigman2/quotes/202790087/composite
US : U.S.: Nasdaq
$ 79.81
+6.60 +9.02%
Volume: 5.65M
July 1, 2022 4:00p
P/E Ratio
26.53
Dividend Yield
N/A
Market Cap
$10.15 billion
Rev. per Employee
$981,571
loading...
/zigman2/quotes/207754270/composite
US : U.S.: Nasdaq
$ 276.30
+2.62 +0.96%
Volume: 554,895
July 1, 2022 4:00p
P/E Ratio
89.05
Dividend Yield
N/A
Market Cap
$15.30 billion
Rev. per Employee
$558,390
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