KEY POINTS
  • More than 60 percent of the companies in the S&P 500 broke to new highs during January, and 33 of them are among the first to make a comeback after February's correction.
  • The S&P 500 was still 4.8 percent from its January high in Friday afternoon trading, after its 10 percent correction.
Traders react after the closing bell on the floor of the New York Stock Exchange (NYSE).

More than 60 percent of the companies in the broke to new highs during January's new year rally, and a diverse group are among the first to make a comeback after February's correction.

In the S&P 500, 23 stocks bounced back to their 52-week highs at some point in Friday's trading.