Valuation Is Key to Future Returns
As the 2012 comes to a close, I always like to go back and see what investments worked best during the year. An 11-month performance record is hardly a satisfactory holding period; nonetheless, the data are worth examining.
For example, most investors would be surprised to know that the best performing S&P 500 constituent so far in 2012 has been PulteGroup PHM. The shares are up more than 160%. The second-best performing S&P name is Sprint Nextel (S), which is up more than 130%. In fact, the chart below gives you the top 10 S&P 500 performers so far this year....481 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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