More than four years after the COVID-19 pandemic began, some areas have yet to fully return to normal. The virus itself is still around, and the number of cases could rise this summer, The Washington Post reports. Meanwhile, the economy continues to deal with problems caused by the pandemic, and many Americans are still struggling. But one thing that has returned to normal is the stock market, which has bounced back in a big way, as it has throughout history.
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The S&P 500 is up about 130% since hitting a pandemic low of $2,304.92 the week of March 20, 2020 (closing at $5,304.72 on May 24, 2024). That kind of growth may have seemed impossible in the early days of COVID-19. If you had invested in the right stocks then, you’d probably be much wealthier now.
Some of the best-performing stocks in the post-pandemic era are in the healthcare sector, which may not be surprising given that some stocks have received a big boost from COVID vaccines. Other sectors that have performed well include energy and technology.
Nvidia, the company that has had the biggest stock gains since the COVID-19 outbreak, is benefiting from the rapid rise of artificial intelligence. If you spent about $600 on 10 shares of Nvidia stock at the beginning of the pandemic, your investment would be worth more than $10,000 today.
Here we look at 18 investments that have soared in the post-pandemic era.
Nvidia (NVDA)
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Price per share as of March 9, 2020: $60.21
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Price per share as of May 20, 2024: $1,064.69
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Difference (in dollars): $930.67
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difference(%): 1,668%
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Quanta Services (PWR)
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Price per share as of March 9, 2020: $32.45
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Price per share as of May 20, 2024: $283.43
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Difference (in dollars): $250.98
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difference(%): 773%
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Moderna (MRNA)
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Price per share as of March 9, 2020: $21.30
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Price per share as of May 20, 2024: $166.61
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Difference (in dollars): $145.31
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difference(%): 682%
First Solar (FSLR)
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Price per share as of March 9, 2020: $35.96
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Price per share as of May 20, 2024: $276.74
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Difference (in dollars): $240.78
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difference(%): 670%
United Rentals (URI)
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Price per share as of March 9, 2020: $91.01
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Price per share as of May 20, 2024: $673.55
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Difference (in dollars): $582.54
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difference(%): 640%
Freeport-McMoRan (FCX)
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Price per share as of March 9, 2020: $7.53
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Price per share as of May 20, 2024: $51.53
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Difference (in dollars): $44.00
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difference(%): 584%
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Steel Dynamics (STLD)
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Price per share as of March 9, 2020: $21.85
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Price per share as of May 20, 2024: $133.34
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Difference (in dollars): $111.49
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difference(%): 510%
Broadcom (AVGO)
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Price per share as of March 9, 2020: $234.22
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Price per share as of May 20, 2024: $1,407.84
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Difference (in dollars): $1,173.62
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difference(%): 501%
Eli Lilly and Company (LLY)
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Price per share as of March 9, 2020: $139.37
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Price per share as of May 20, 2024: $807.43
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Difference (in dollars): $668.06
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difference(%): 479%
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Devon Energy: DVN
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Price per share as of March 9, 2020: $8.70
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Price per share as of May 20, 2024: $48.15
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Difference (in dollars): $39.45
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difference(%): 453%
ON Semiconductor (ON)
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Price per share as of March 9, 2020: $14.49
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Price per share as of May 20, 2024: $72.56
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Difference (in dollars): $58.07
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difference(%): 401%
Nucor Corporation (NUE)
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Price per share as of March 9, 2020: $35.84
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Price per share as of May 20, 2024: $171.27
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Difference (in dollars): $135.43
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difference(%): 378%
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EQT Corporation (EQT)
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Price per share as of March 9, 2020: $9.53
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Price per share as of May 20, 2024: $40.15
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Difference (in dollars): $30.62
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difference(%): 321%
Advanced Micro Devices (AMD)
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Price per share as of March 9, 2020: $43.90
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Price per share as of May 20, 2024: $166.36
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Difference (in dollars): $122.46
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difference(%): 279%
Valero Energy (VLO)
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Price per share as of March 9, 2020: $49.90
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Price per share as of May 20, 2024: $162.42
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Difference (in dollars): $112.52
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difference(%): 225%
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Apple (AAPL)
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Price per share as of March 9, 2020: $69.49
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Price per share as of May 20, 2024: $189.98
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Difference (in dollars): $120.49
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difference(%): 173%
Blackstone (BX)
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Price per share as of March 9, 2020: $46.72
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Price per share as of May 20, 2024: $123.64
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Difference (in dollars): $76.92
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difference(%): 165%
Analog Devices (ADI)
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Price per share as of March 9, 2020: $99.79
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Price per share as of May 20, 2024: $232.51
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Difference (in dollars): $132.72
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difference(%): 133%
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This article originally appeared on GOBankingRates.com: 18 Investments Set to Soar in the Post-Pandemic Era
