2018 ended on a rough note for stocks but so far 2019 has been great for investors. The S&P 500 is already up over 16% on the year and is on pace for one of the best June’s in a long time.
Here is a list of the top 6 performing stocks on the S&P 500.
Best Performing Stocks S&P 500
- Coty Inc
- Global Payments
- FleetCor Technologies
- Dentsply Sinora
- Advanced Micro Devices
- Celgene Corporation
1. Coty Inc.
Ticker: COTY
Exchange: NYSE
Market Cap: $10.15 billion
YTD Returns: +107.8%
Company Profile: Coty is a global beauty company. Its brands include CoverGirl, Max Factor, OPI, philosophy, Rimmel, and Sally Hansen. The firm operates in three segments: luxury, which sells products through prestige and travel retail channels; consumer beauty, which sells products through drugstores, midtier department stores, and other mass-market channels; and professional beauty, which sells products to nail and hair professionals. Coty generates above two thirds of its revenue outside the United States.
2. Global Payments
Ticker: GPN
Exchange: NYSE
Market Cap: $24.92 billion
YTD Returns: +56.3%
Company Profile: Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia.
3. FleetCor Technologies Inc.
Ticker: FLT
Exchange: NYSE
Market Cap: $23.7 billion
YTD Returns: +49.2%
Company Profile: Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor’s systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. North America is the largest geographic operating segment.
4. Dentsply Sirona
Ticker: XRAY
Exchange: NASDAQ
Market Cap: $13.46 billion
YTD Returns: +55.8%
Company Profile: Dentsply Sirona is one of the world’s largest manufacturers and distributors of dental supplies and equipment. Its products include dental consumables, lab products, CAD/CAM and imaging technology, medical devices, and specialty products in orthodontics, endodontics, and implantation. Over half of its products are sold through dental distributors, and approximately 68% of Dentsply’s sales are outside the U.S.
5. Advanced Micro Devices
Ticker: AMD
Exchange: NASDAQ
Market Cap: $33 billion
YTD Returns: +70.2%
Company Profile: Advanced Micro Devices designs and produces microprocessors and low-power processor solutions for the computer and consumer electronics industries. The majority of the firm’s sales are in the computer market via CPUs and GPUs. AMD acquired graphics processor and chipset maker ATI in 2006 in an effort to improve its positioning in the PC food chain. In 2009, the firm spun out its manufacturing operations to form a foundry joint venture, GlobalFoundries.
6. Celgene Corporation
Ticker: CELG
Market Cap: $68.85 billion
YTD Returns: +54.4%
Company Profile: Celgene is a biopharmaceutical firm that discovers, develops, and markets therapeutics for the treatment of cancer and immunological diseases. Celgene markets Thalomid and Pomalyst to treat multiple myeloma and Revlimid, a less toxic thalidomide derivative, to treat myelodysplastic syndromes, multiple myeloma, and mantle cell lymphoma. Acquisitions have brought MDS drug Vidaza, T-cell lymphoma drug Istodax, and cancer drug Abraxane. The firm’s first immunology drug, Otezla, was approved in the U.S. in 2014. Recent acquisitions of Juno and Impact bring additional drugs for Celgene’s blood cancer pipeline.
