When the to start with quarter of 2020 finished on March 31, the S&P five hundred was down 20% calendar year to day on the again of the anxiety brought on by the novel coronavirus outbreak as properly as the oil price tag war among OPEC chief Saudi Arabia and Russia. About the similar time period, the Nasdaq Composite declined 14.2% and the Dow Jones Industrial Common posted a return of 23.2%.
Some of the companies inside the S&P five hundred Index, nonetheless, experienced better luck. According to the GuruFocus All-in-A single Screener, a aspect for Premium consumers, shares that beat the benchmark index by the widest margin during the quarter included drugmakers like Regeneron Pharmaceuticals (NASDAQ:REGN) and Gilead Sciences Inc. (NASDAQ:GILD), which is unsurprising as lots of health and fitness care-associated shares acquired a boost owing to functioning on creating a treatment or take a look at kits for the Covid-19 virus.
As it is a critical player in generating coronavirus take a look at kits and is creating a opportunity treatment, Regeneron was the top performer for the quarter, beating the S&P five hundred by fifty six.37% and returning 32.27% calendar year to day. With a $54.16 billion market cap, the company’s shares had been trading about $495.ninety eight on Thursday morning.
Software program companies like Citrix Units Inc. (NASDAQ:CTXS) and NortonLifeLock Inc. (NASDAQ:NLOK) also posted potent returns for the quarter, alongside with true estate investment decision have confidence in Electronic Realty Belief Inc. (NYSE:DLR) and client items company Clorox Co. (NYSE:CLX).
On the reverse conclude of the spectrum had been oil companies like Apache Corp. (APA), Marathon Oil Corp. (NYSE:MRO) and Noble Electricity Inc. (NASDAQ:NBL), which took a strike from the oil price tag war that broke out last thirty day period following Saudi Arabia declared its plans to boost generation. All a few shares have tumbled a lot more than 75% given that the start off of the calendar year.
Cruise line shares like Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), Royal Caribbean Cruises Ltd. (NYSE:RCL) and Carnival Corp. (CCL) had been also crushed down as the coronavirus outbreak brought on overall ships to be set on lockdown and quarantined. As a result, all a few shares plummeted a lot more than 80%.
As the uncertainty continues, investors may well want to look even more into these companies as they could be excellent benefit chances likely forward.
Disclosure: No positions.
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I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my daily life, but also have roots in New Mexico and Colorado. Abide by me on Twitter! @gurusydneerg