Here are the stock market’s biggest winners and losers during Obama’s presidency

January 28, 2017 – 01:17 pm

As Barack Obama makes the switch from president to former president, analysts are looking back at how stocks fared during his eight years in office.

The S&P 500 SPX, -0.02% gained 181% from Obama’s inauguration on Jan. 20, 2009, through Thursday, and the benchmark returned 234% over that period when dividends are included. That’s according to Howard Silverblatt, senior index analyst at S&P Dow Jones Indices.

Netflix NFLX, -0.14% is No. 1, returning 3, 148% since Obama’s swearing-in ceremony eight years ago, as shown in Silverblatt’s table below. Regeneron Pharmaceuticals REGN, +2.83% is No. 2, and online travel broker Priceline PCLN, +0.36% ranks third.

Read: My dad talked me out of buying Netflix, but he wasn’t wrong

S&P 500’s biggest winners during the Obama era
Source: S&P Dow Jones Indices

Switching to the losers, solar power company First Solar FSLR, +1.31% has dropped the most, shedding 75%. Offshore driller Transocean RIG, -1.57% and Southwestern Energy SWN, -2.94% rank second and third in the list of biggest decliners in the past eight years.

See: Here’s an apolitical reason Trump won’t deliver Obama-sized gains

And read: What time is the inauguration?

There were only 24 down issues, Silverblatt said in a note. That’s out of 455 stocks that were in the S&P 500 as Obama was sworn in and remain S&P components now.

S&P 500’s biggest losers during the Obama era
Source: S&P Dow Jones Indices

As Donald Trump is sworn in as the 45th U.S. president, Silverblatt said this is the best line that he’s heard from Wall Street: “I have no solid idea of what’s going to happen, but I’ll find the trade.”

Source: www.marketwatch.com


Related posts:

  1. Movers in Colorado
  2. Prime Mover stories
  3. Big dog movers New orleans
  4. Biggest movers in the stock market today
  5. Biggest movers in the stock market