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Philip van Doorn

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March 2, 2020, 10:26 a.m. EST

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

Only 3 stocks among the S&P 500 are showing gains since the market correction began

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By Philip van Doorn, MarketWatch


Bloomberg

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 /zigman2/quotes/210599714/realtime SPX +0.30% , 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 /zigman2/quotes/210598065/realtime DJIA +0.20%  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 /zigman2/quotes/210598365/realtime COMP +0.37%  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. /zigman2/quotes/203149337/composite REGN Biotechnology 11.9% 19.4% -4.6% 0.9%
Gilead Sciences, Inc. /zigman2/quotes/210293917/composite GILD   Biotechnology 4.6% 8.4% -10.7% 1.6%
E-Trade Financial Corporation /zigman2/quotes/205731930/composite ETFC Investment Banks/Brokers 1.7% 0.7% -20.2% -0.2%
Tiffany & Co. /zigman2/quotes/209249105/composite TIF Specialty Stores -0.5% 0.0% -0.6% 0.0%
Newmont Corporation /zigman2/quotes/205356474/composite NEM Precious Metals -1.1% 5.1% -11.0% 2.3%
Clorox Company /zigman2/quotes/206443229/composite CLX Household/Personal Care -1.1% 6.1% -6.4% 2.2%
Qorvo, Inc. /zigman2/quotes/209919828/composite QRVO Semiconductors -2.9% -12.9% -17.3% 0.6%
AutoZone, Inc. /zigman2/quotes/209114484/composite AZO Specialty Stores -3.1% -13.2% -18.9% 0.1%
Keysight Technologies Inc /zigman2/quotes/207530903/composite KEYS Electronic Equipment/Instruments -3.2% -7.1% -13.3% 0.6%
Kroger Co. /zigman2/quotes/206215053/composite KR Food Retail -3.8% -2.0% -7.5% 1.0%
MarketAxess Holdings Inc. /zigman2/quotes/202710814/composite MKTX Investment Banks/Brokers -3.8% -13.3% -22.0% 1.3%
Public Storage /zigman2/quotes/202279720/composite PSA Real Estate Investment Trusts -3.9% -1.3% -21.2% 0.5%
Allergan plc   Pharmaceuticals: Generic -4.0% -0.1% -5.6% 0.1%
Netflix, Inc. /zigman2/quotes/202353025/composite NFLX Cable/Satellite TV -4.0% 14.5% -5.7% 0.4%
Deere & Company /zigman2/quotes/207941296/composite DE Trucks/Construction/Farm Machinery -4.1% -8.7% -13.1% 1.1%
CME Group Inc. Class A /zigman2/quotes/210449693/composite CME Investment Banks/Brokers -4.3% -1.1% -11.9% -0.1%
Take-Two Interactive Software, Inc. /zigman2/quotes/204008930/composite TTWO Recreational Products -4.5% -11.5% -20.1% 0.9%
CF Industries Holdings, Inc. /zigman2/quotes/209482112/composite CF Chemicals: Agricultural -4.8% -21.5% -32.0% 1.7%
Quanta Services, Inc. /zigman2/quotes/203420082/composite PWR 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. /zigman2/quotes/209207041/composite AAL Airlines -33.7% -34.5% -47.8% -1.4%
ViacomCBS Inc. Class B /zigman2/quotes/200340870/composite VIAC Broadcasting -31.4% -41.7% -54.4% -0.6%
Norwegian Cruise Line Holdings Ltd. /zigman2/quotes/204183397/composite NCLH Hotels/Resorts/Cruiselines -29.2% -36.9% -38.4% -1.1%
Devon Energy Corporation /zigman2/quotes/209479244/composite DVN Oil & Gas Production -27.9% -36.9% -53.7% 0.9%
Royal Caribbean Cruises Ltd. /zigman2/quotes/208854639/composite RCL Hotels/Resorts/Cruiselines -26.8% -39.1% -39.9% 1.1%
Lincoln National Corporation /zigman2/quotes/205272400/composite LNC Life/Health Insurance -25.5% -23.1% -32.8% -0.1%
FLIR Systems, Inc. /zigman2/quotes/207487690/composite FLIR Aerospace & Defense -25.4% -17.2% -27.5% 1.5%
Carnival Corporation /zigman2/quotes/202325446/composite CCL Hotels/Resorts/Cruiselines -24.6% -35.7% -44.3% -2.3%
Halliburton Company /zigman2/quotes/210488727/composite HAL Oilfield Services/Equipment -23.8% -30.6% -47.4% 0.1%
MGM Resorts International /zigman2/quotes/209932643/composite MGM Casinos/Gaming -23.8% -26.5% -29.4% -0.4%
United Airlines Holdings, Inc. /zigman2/quotes/205037281/composite UAL Airlines -23.7% -31.2% -36.9% -1.6%
Newell Brands Inc /zigman2/quotes/209507510/composite NWL Industrial Conglomerates -22.3% -19.6% -26.3% 0.2%
Occidental Petroleum Corporation /zigman2/quotes/207018272/composite OXY Oil & Gas Production -22.1% -19.7% -51.9% 1.1%
Alaska Air Group, Inc. /zigman2/quotes/200972303/composite ALK Airlines -22.0% -25.0% -29.6% 0.7%
Baker Hughes Company Class A /zigman2/quotes/205323712/composite BKR Oilfield Services/Equipment -21.9% -36.6% -43.2% 1.1%
Diamondback Energy, Inc. /zigman2/quotes/201200230/composite FANG Oil & Gas Production -21.5% -32.9% -45.4% 0.4%
Delta Air Lines, Inc. /zigman2/quotes/200327741/composite DAL Airlines -21.4% -21.4% -27.6% -0.4%
SVB Financial Group /zigman2/quotes/200548254/composite SIVB Regional Banks -21.3% -16.3% -22.5% 0.9%
Unum Group /zigman2/quotes/208720096/composite UNM Life/Health Insurance -21.2% -19.8% -38.9% 0.4%
Align Technology, Inc. /zigman2/quotes/200300692/composite ALGN Medical Specialties -20.9% -21.4% -34.5% 0.4%
Source: FactSet

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/zigman2/quotes/210599714/realtime
US : S&P US
3,246.59
+9.67 +0.30%
Volume: 2.39B
Sept. 24, 2020 5:06p
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
26,815.44
+52.31 +0.20%
Volume: 448.78M
Sept. 24, 2020 5:06p
loading...
/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
10,672.27
+39.28 +0.37%
Volume: 3.59M
Sept. 24, 2020 5:16p
loading...
/zigman2/quotes/203149337/composite
US : U.S.: Nasdaq
$ 557.46
-7.73 -1.37%
Volume: 457,911
Sept. 24, 2020 4:00p
P/E Ratio
21.58
Dividend Yield
N/A
Market Cap
$60.13 billion
Rev. per Employee
$906,865
loading...
/zigman2/quotes/210293917/composite
US : U.S.: Nasdaq
$ 62.25
-0.84 -1.33%
Volume: 9.00M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
4.37%
Market Cap
$79.10 billion
Rev. per Employee
$2.02M
loading...
/zigman2/quotes/205731930/composite
US : U.S.: Nasdaq
$ 48.21
+0.19 +0.40%
Volume: 1.81M
Sept. 24, 2020 4:00p
P/E Ratio
13.99
Dividend Yield
1.16%
Market Cap
$10.62 billion
Rev. per Employee
$761,500
loading...
/zigman2/quotes/209249105/composite
US : U.S.: NYSE
$ 116.14
-0.28 -0.24%
Volume: 1.79M
Sept. 24, 2020 4:04p
P/E Ratio
56.95
Dividend Yield
2.00%
Market Cap
$14.13 billion
Rev. per Employee
$312,824
loading...
/zigman2/quotes/205356474/composite
US : U.S.: NYSE
$ 61.44
+1.22 +2.03%
Volume: 6.27M
Sept. 24, 2020 4:00p
P/E Ratio
12.85
Dividend Yield
1.63%
Market Cap
$48.36 billion
Rev. per Employee
$300,083
loading...
/zigman2/quotes/206443229/composite
US : U.S.: NYSE
$ 213.69
+1.46 +0.69%
Volume: 1.12M
Sept. 24, 2020 4:00p
P/E Ratio
29.05
Dividend Yield
2.08%
Market Cap
$26.79 billion
Rev. per Employee
$717,701
loading...
/zigman2/quotes/209919828/composite
US : U.S.: Nasdaq
$ 124.99
-0.78 -0.62%
Volume: 1.04M
Sept. 24, 2020 4:00p
P/E Ratio
37.70
Dividend Yield
N/A
Market Cap
$14.37 billion
Rev. per Employee
$370,461
loading...
/zigman2/quotes/209114484/composite
US : U.S.: NYSE
$ 1,129.63
+0.68 +0.06%
Volume: 252,110
Sept. 24, 2020 4:00p
P/E Ratio
15.69
Dividend Yield
N/A
Market Cap
$26.39 billion
Rev. per Employee
$125,680
loading...
/zigman2/quotes/207530903/composite
US : U.S.: NYSE
$ 96.60
+0.24 +0.25%
Volume: 1.26M
Sept. 24, 2020 4:03p
P/E Ratio
30.41
Dividend Yield
N/A
Market Cap
$18.03 billion
Rev. per Employee
$313,721
loading...
/zigman2/quotes/206215053/composite
US : U.S.: NYSE
$ 33.43
+0.15 +0.45%
Volume: 5.84M
Sept. 24, 2020 4:00p
P/E Ratio
10.11
Dividend Yield
2.15%
Market Cap
$25.77 billion
Rev. per Employee
$269,849
loading...
/zigman2/quotes/202710814/composite
US : U.S.: Nasdaq
$ 452.12
+2.66 +0.59%
Volume: 202,277
Sept. 24, 2020 4:00p
P/E Ratio
65.49
Dividend Yield
0.53%
Market Cap
$17.07 billion
Rev. per Employee
$959,394
loading...
/zigman2/quotes/202279720/composite
US : U.S.: NYSE
$ 214.64
+1.73 +0.81%
Volume: 595,237
Sept. 24, 2020 4:00p
P/E Ratio
30.62
Dividend Yield
3.73%
Market Cap
$37.22 billion
Rev. per Employee
$518,910
loading...
/zigman2/quotes/202353025/composite
US : U.S.: Nasdaq
$ 473.08
+2.47 +0.52%
Volume: 3.70M
Sept. 24, 2020 4:00p
P/E Ratio
79.82
Dividend Yield
N/A
Market Cap
$207.55 billion
Rev. per Employee
$2.22M
loading...
/zigman2/quotes/207941296/composite
US : U.S.: NYSE
$ 216.52
+1.97 +0.92%
Volume: 1.03M
Sept. 24, 2020 4:00p
P/E Ratio
25.26
Dividend Yield
1.40%
Market Cap
$67.23 billion
Rev. per Employee
$519,443
loading...
/zigman2/quotes/210449693/composite
US : U.S.: Nasdaq
$ 163.93
+1.58 +0.97%
Volume: 1.26M
Sept. 24, 2020 4:00p
P/E Ratio
24.74
Dividend Yield
2.07%
Market Cap
$58.22 billion
Rev. per Employee
$960,349
loading...
/zigman2/quotes/204008930/composite
US : U.S.: Nasdaq
$ 163.29
+0.98 +0.60%
Volume: 768,015
Sept. 24, 2020 4:00p
P/E Ratio
41.82
Dividend Yield
N/A
Market Cap
$18.56 billion
Rev. per Employee
$574,279
loading...
/zigman2/quotes/209482112/composite
US : U.S.: NYSE
$ 30.69
-0.23 -0.74%
Volume: 1.91M
Sept. 24, 2020 4:03p
P/E Ratio
17.59
Dividend Yield
3.91%
Market Cap
$6.61 billion
Rev. per Employee
$1.48M
loading...
/zigman2/quotes/203420082/composite
US : U.S.: NYSE
$ 51.42
+0.13 +0.25%
Volume: 983,979
Sept. 24, 2020 4:00p
P/E Ratio
20.57
Dividend Yield
0.39%
Market Cap
$7.12 billion
Rev. per Employee
$284,985
loading...
/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 11.77
-0.16 -1.34%
Volume: 48.91M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$6.07 billion
Rev. per Employee
$345,547
loading...
/zigman2/quotes/200340870/composite
US : U.S.: Nasdaq
$ 29.15
+0.33 +1.15%
Volume: 13.54M
Sept. 24, 2020 4:00p
P/E Ratio
14.25
Dividend Yield
3.29%
Market Cap
$17.87 billion
Rev. per Employee
$867,543
loading...
/zigman2/quotes/204183397/composite
US : U.S.: NYSE
$ 14.63
-0.54 -3.56%
Volume: 23.35M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.18 billion
Rev. per Employee
$182,383
loading...
/zigman2/quotes/209479244/composite
US : U.S.: NYSE
$ 8.96
+0.28 +3.23%
Volume: 9.17M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
4.91%
Market Cap
$3.32 billion
Rev. per Employee
$3.49M
loading...
/zigman2/quotes/208854639/composite
US : U.S.: NYSE
$ 59.97
-1.27 -2.07%
Volume: 6.46M
Sept. 24, 2020 4:03p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$13.15 billion
Rev. per Employee
$123,297
loading...
/zigman2/quotes/205272400/composite
US : U.S.: NYSE
$ 30.14
-0.30 -0.99%
Volume: 1.99M
Sept. 24, 2020 4:00p
P/E Ratio
26.70
Dividend Yield
5.31%
Market Cap
$5.88 billion
Rev. per Employee
$1.47M
loading...
/zigman2/quotes/207487690/composite
US : U.S.: Nasdaq
$ 34.64
+0.12 +0.35%
Volume: 859,510
Sept. 24, 2020 4:00p
P/E Ratio
33.05
Dividend Yield
1.96%
Market Cap
$4.53 billion
Rev. per Employee
$486,623
loading...
/zigman2/quotes/202325446/composite
US : U.S.: NYSE
$ 13.74
-0.39 -2.76%
Volume: 32.68M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$10.35 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/210488727/composite
US : U.S.: NYSE
$ 12.52
-0.13 -1.03%
Volume: 24.02M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
1.44%
Market Cap
$11.11 billion
Rev. per Employee
$399,917
loading...
/zigman2/quotes/209932643/composite
US : U.S.: NYSE
$ 21.19
-0.19 -0.89%
Volume: 11.58M
Sept. 24, 2020 4:00p
P/E Ratio
5.57
Dividend Yield
0.05%
Market Cap
$10.55 billion
Rev. per Employee
$213,874
loading...
/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 32.74
-0.34 -1.03%
Volume: 24.60M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.63 billion
Rev. per Employee
$448,946
loading...
/zigman2/quotes/209507510/composite
US : U.S.: Nasdaq
$ 16.72
-0.18 -1.04%
Volume: 1.35M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
5.50%
Market Cap
$7.17 billion
Rev. per Employee
$233,268
loading...
/zigman2/quotes/207018272/composite
US : U.S.: NYSE
$ 10.64
+0.23 +2.21%
Volume: 22.87M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.38%
Market Cap
$9.68 billion
Rev. per Employee
$1.60M
loading...
/zigman2/quotes/200972303/composite
US : U.S.: NYSE
$ 35.70
-1.16 -3.15%
Volume: 3.33M
Sept. 24, 2020 4:00p
P/E Ratio
83.51
Dividend Yield
0.00%
Market Cap
$4.56 billion
Rev. per Employee
$353,525
loading...
/zigman2/quotes/205323712/composite
US : U.S.: NYSE
$ 13.32
-0.21 -1.55%
Volume: 6.89M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
5.41%
Market Cap
$13.99 billion
Rev. per Employee
$346,621
loading...
/zigman2/quotes/201200230/composite
US : U.S.: Nasdaq
$ 29.99
+0.09 +0.30%
Volume: 2.03M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
5.00%
Market Cap
$4.72 billion
Rev. per Employee
$3.06M
loading...
/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 29.01
-0.55 -1.86%
Volume: 22.26M
Sept. 24, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$18.86 billion
Rev. per Employee
$499,337
loading...
/zigman2/quotes/200548254/composite
US : U.S.: Nasdaq
$ 225.51
-1.11 -0.49%
Volume: 282,495
Sept. 24, 2020 4:00p
P/E Ratio
13.13
Dividend Yield
N/A
Market Cap
$11.73 billion
Rev. per Employee
$923,271
loading...
/zigman2/quotes/208720096/composite
US : U.S.: NYSE
$ 16.23
-0.07 -0.43%
Volume: 1.97M
Sept. 24, 2020 4:00p
P/E Ratio
3.45
Dividend Yield
7.02%
Market Cap
$3.32 billion
Rev. per Employee
$1.21M
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/zigman2/quotes/200300692/composite
US : U.S.: Nasdaq
$ 311.88
+3.56 +1.15%
Volume: 734,199
Sept. 24, 2020 4:00p
P/E Ratio
14.50
Dividend Yield
N/A
Market Cap
$24.29 billion
Rev. per Employee
$168,653
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Philip van Doorn covers various investment and industry topics. He has previously worked as a senior analyst at TheStreet.com. He also has experience in community banking and as a credit analyst at the Federal Home Loan Bank of New York.

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