The Best Stocks For Spring
Looking to clean up your portfolio this spring? Historically, some stocks have performed much better than the general market.
CNBC.com looked at stock performance over the past ten years and calculated the highest average gains during the spring months of March, April and May. Of all the stocks to achieve a gain of 20 percent or more, 27 percent were in the financial sector, while 21 percent were energy-oriented.
During the same March-May period, the S&P saw an average gain of 5.14 percent, thanks partly to a big gain last year.
So, which stocks are the best to own during the spring months? Click ahead to find out!
By Paul Toscano and Yolaiki Gonzalez
Posted 27 May 2010
10. Massey Energy (MEE)
Average Spring returns: 28.97%
Best Spring season: 2009
Returns in best Spring: 129.82%
10-year high: $95.7
10-year low: $4.55
9. Nvidia (NVDA)
Average Spring returns: 29.1%
Best Spring season: 2003
Returns in best Spring: 110.88%
10-year high: $39.67
10-year low: $2.40
8. American International Group (AIG)
Average Spring returns: 29.58%
Best Spring season: 2009
Returns in best Spring: 302.38%
10-year high: $20.75
10-year low: $6.60
7. Allegheny Technologies (ATI)
Average Spring returns: 31.13%
Best Spring season: 2003
Returns in best Spring: 137.55%
10-year high: $119.7
10-year low: $2.10
6. Fifth Third Bancorp (FITB)
Average Spring returns: 31.91%
Best Spring season: 2009
Returns in best Spring: 289.83%
10-year high: $69.70
10-year low: $1.01
5. Pioneer Natural Resources (PXD)
Average Spring returns: 32.33%
Best Spring season: 2009
Returns in best Spring: 121.24%
10-year high: $82.21
10-year low: $6.75
4. Hartford Financial (HIG)
Average Spring returns: 32.35%
Best Spring season: 2009
Returns in best Spring: 180.62%
10-year high: $106.23
10-year low: $3.33
3. Tenet Healthcare (THC)
Average Spring returns: 35.24%
Best Spring season: 2009
Returns in best Spring: 259.41%
10-year high: $52.5
10-year low: $0.78
2. Priceline.com (PCLN)
Average Spring returns: 37.12%
Best Spring season: 2003
Returns in best Spring: 194.96%
10-year high: $625.5
10-year low: $6.3
1. Office Depot (ODP)
Average Spring returns: 40.44%
Best Spring season: 2009
Returns in best Spring: 406.5%
10-year high: $46.52
10-year low: $0.59