Enter multiple symbols separated by commas

CNBC's 'Philly Index,' Third Best for Companies

CNBC's 'Philly Index,' Third Best for Companies
Jack Hollingsworth | Photodisc | Getty Images

The city that gave birth to America has had a great year in the stock market and is the first stop in our CNBC Recovery Road Trip.

Philadelphia. The home of Independence Hall, cheesesteaks and the first art museum and zoo in America places third out of the best cities for the stock market over the past year.

Our Road Trip cities were found by creating 23 city indexes comprised of the biggest market cap companies, following them for a year — dumping the single best and worst stocks in the index and averaging the rest.

Philadelphia area companies posted an average return of 20 percent from October 31st, 2011 to the same date this year. (Read More: What Cities Have Been Best for the Market?)

The pack was led by the big dog in town, CNBC's parent company Comcast . It posted the best return of any Philly company over 52 weeks. But it's not just the big companies making a splash in the market.

Small and mid-cap companies such as Airgas, Crown Holdings, FMC Corp and UGI also had nice runs.

Nearly every stock in our "Philly Index" was higher year over year. Ben Franklin would be proud.

Tuesday on CNBC's "Street Signs" we unveil the runner-up city for stocks. It barely edged out Philadelphia, with an average stock return of 21 percent. Tune in to CNBC to discover which city it is, as our Recovery Road Trip rolls on.

—By CNBC's Brian Sullivan

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video

  • Hero miles for military members: Real estate magnate's plea

    Chairman of the Fisher House Foundation, Ken Fisher, discusses the Hero Miles program with CNBC's Dina Gusovsky. During Military Appreciation Month, Fisher is asking every traveler to donate 1,000 of their miles to replenish the Hero Miles programs that is in danger of running out.

  • Cramer shuts down this market's haters

    "Mad Money" host Jim Cramer on why this market can't stop, won't stop.

  • From the battlefield to the boardroom

    Your Grateful Nation is dedicated to helping Special Forces veterans enter the corporate world and Knot Standard provides complimentary suits to vets. Mad Money's Jim Cramer spoke with Rob Clapper, Your Grateful executive director; John Ballay, Knot Standard co-founder and president; Tej Gill, retired U.S. Navy Seal; and Darren McB, active duty U.S. Navy Seal.