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Financials That Are Leading the Rally
Published:
Tuesday, 19 May 2009 | 8:23 AM ET
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By: Ariel Nelson
Director of Market Data & Content Services
Director of Market Data & Content Services
As Goldman Sachs [GS
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], Morgan Stanley [MS
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], and JP Morgan Chase [JPM
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()
] are amongst the first banks expected to pay back the TARP, the S&P Financials have been leading the charge since this rally began. But which banks have been the best performers of late?
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With the Financials up 14% since the start of May and a stunning 64% since the start of March, they are now just shy of being positive for the year. Here are some of the best and worst recent performers:
Top 10 S&P 500 Financial Stocks MTD:
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Bottom 10 S&P 500 Financial Stocks MTD:
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