One of the most difficult aspects of trading is timing the market. Odds are if you have been in the market over the past nine years, most likely you made some money. This bull market began in March of 2009, and 24/7 Wall St. is looking back to see how some major blue chip stocks compared to the broad markets over this time.
Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and from there began perhaps the biggest bull market of the modern era. At the most recent close, the S&P 500 was at 2,677.67, more than quadrupling its bottom nearly nine years ago.
So how does Goldman Sachs Group Inc. (NYSE: GS) compare to the markets over the past nine years?
On an adjusted close basis, Goldman Sachs ended March 6, 2009, at $72.89 a share, or $81.72 on an unadjusted basis. Goldman Sachs most recently closed at $256.78 on an adjusted basis.
Checking the numbers, its fairly obvious that Goldman Sachss growth over this period has lagged the broad markets, with shares gaining only 250%. If you had invested $1,000 in Goldman Sachs back then, you would have just $3,522.84 as of Thursdays close.
Top Blue Chip Stocks To Watch For 2018: ServiceMaster Global Holdings, Inc.(SERV)
- [By Max Byerly]
ServiceMaster (NYSE:SERV)’s share price reached a new 52-week high and low during trading on Tuesday . The company traded as low as $55.63 and last traded at $54.76, with a volume of 207508 shares traded. The stock had previously closed at $55.35.
- [By Stephan Byrd]
ServiceMaster (NYSE:SERV) insider Timothy M. Haynes sold 55,363 shares of the stock in a transaction that occurred on Thursday, May 3rd. The shares were sold at an average price of $53.18, for a total transaction of $2,944,204.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Top Blue Chip Stocks To Watch For 2018: Allete, Inc.(ALE)
- [By Benzinga News Desk]
Not long after U.S. authorities filed sealed charges against Volkswagen’s (OTC: VLKAY) old chief executive officer, they granted the new CEO a rare safe-passage deal: Link
The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
The TD Ameritrade Investor Movement Index for April is schedule for release at 12:30 p.m. ET.
Tom Barkin is set to speak at 2:00 p.m. ET.
Data on consumer credit for March will be released at 3:00 p.m. ET.
Dallas Fed President Robert Kaplan will speak at 3:30 p.m. ET.
Chicago Fed President Charles Evans is set to speak at 3:30 p.m. ET.
Barclays upgraded Illumina (NASDAQ: ILMN) from Equal-Weight to Overweight
KeyBanc upgraded Silgan (NASDAQ: SLGN) from Underweight to Sector Weight
Mizuho downgraded ALLETE (NYSE: ALE) from Buy to Neutral
Barclays downgraded Eaton (NYSE: ETN) from Equal-Weight to Underweight
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
Top Blue Chip Stocks To Watch For 2018: (VIAB)
- [By Douglas A. McIntyre]
CBS Corp. (NYSE: CBS) may make a low-ball bid to buy Viacom Inc. (NASDAQ: VIAB). According to Bloomberg:
CBS Corp. will offer less than the current market value of Viacom Inc. in its opening bid for the owner of MTV and Nickelodeon, according to a person with knowledge of the matter, showing how far apart the companies are as they explore recombining.
- [By Lisa Levin] Companies Reporting Before The Bell
Thermo Fisher Scientific Inc. (NYSE: TMO) is projected to report quarterly earnings at $2.4 per share on revenue of $5.63 billion.
Ford Motor Company (NYSE: F) is expected to report quarterly earnings at $0.41 per share on revenue of $37.16 billion.
Twitter, Inc. (NYSE: TWTR) is projected to report quarterly earnings at $0.11 per share on revenue of $605.26 million.
Comcast Corporation (NASDAQ: CMCSA) is expected to report quarterly earnings at $0.59 per share on revenue of $22.75 billion.
General Dynamics Corporation (NYSE: GD) is estimated to report quarterly earnings at $2.52 per share on revenue of $7.6 billion.
The Boeing Company (NYSE: BA) is expected to report quarterly earnings at $2.58 per share on revenue of $22.24 billion.
Anthem, Inc. (NYSE: ANTM) is estimated to report quarterly earnings at $4.91 per share on revenue of $22.52 billion.
Viacom, Inc. (NASDAQ: VIAB) is projected to report quarterly earnings at $0.79 per share on revenue of $3.04 billion.
Northrop Grumman Corporation (NYSE: NOC) is estimated to report quarterly earnings at $3.61 per share on revenue of $6.61 billion.
Rockwell Automation Inc. (NYSE: ROK) is expected to report quarterly earnings at $1.81 per share on revenue of $1.66 billion.
Wipro Limited (NYSE: WIT) is projected to report quarterly earnings at $0.07 per share on revenue of $2.15 billion.
The Goodyear Tire & Rubber Company (NASDAQ: GT) is expected to report quarterly earnings at $0.46 per share on revenue of $3.82 billion.
Owens Corning (NYSE: OC) is projected to report quarterly earnings at $0.97 per share on revenue of $1.62 billion.
T. Rowe Price Group, Inc. (NASDAQ: TROW) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.29 billion.
Dr Pepper Snapple Group, Inc. (NYSE: DPS) is expected to report quarterly earnings at $1.04 per share on revenue of $1.57 billion.
Sirius XM Holdings Inc. (NASDAQ: SI
- [By Douglas A. McIntyre]
Shari Redstone, the daughter of Sumner Redstone who controls CBS Corp. (NYSE: CBS) and Viacom Inc. (NYSE: VIAB), wants to merge the two companies, according to The Wall Street Journal.
- [By Dan Caplinger]
The stock market had a generally solid performance on Monday, with large-cap indexes posting modest gains even as benchmarks that track the changes of smaller stocks underperformed. The big news of the day came on the trade front, where the White House intervened to reverse previous policy with respect to Chinese smartphone giant ZTE in an apparent effort to gain favor with the world’s most populous nation and second-largest economic power. Investors looked for potential winners from the thawing of relations with China, but not all stocks were able to avoid significant losses. Viacom (NASDAQ:VIAB), Synchronoss Technologies (NASDAQ:SNCR), and DHX Media (NASDAQ:DHXM) were among the worst performers on the day. Here’s why they did so poorly.
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Thursday was Viacom, Inc. (NASDAQ: VIAB) which rose about 7% to $32.71. The stocks 52-week range is $22.13 to $46.72. Volume was about 11 million compared to the daily average volume of roughly 5.8 million.
Top Blue Chip Stocks To Watch For 2018: Addus HomeCare Corporation(ADUS)
- [By Joseph Griffin]
Addus HomeCare (NASDAQ:ADUS) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a report issued on Saturday.