Recession was officially reported to end in June 2009. However, its impact has still dragged on many sectors of the world’s economy. Many traders have been cautious about their investment while others risked investing in some stocks in 2010, and certainly this year was really a good harvest. Among 630 stocks making up the three major indices, 12 stocks could have brought you benefits if you had had them in your portfolio in 2010.
The following are some stocks you had to own in 2010.
Computer giant Apple (NASDAQ: AAPL) had huge impact on the Nasdaq which advanced 15.8 percent. The stock made up fully 44.5 percent of the 100-stock tech barometer’s gains.
As of August 2010, it operates 301 retail stores in ten countries.
Citigroup is one of the Big Four banks in the United States, along with Bank of America, Wells Fargo, and JP Morgan Chase. In the quarter ended on September 30, 2010, its total assets were $ 1.983 trillion. The capital to asset ration was 8.21% and the financial regulatory Tier 1 capital ratio was 12.50%.
Citigroup’s total equity was $ 119.087 billion (3Q 2010).
Berkshire Hathaway averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years.
Berkshire Hathaway (B shares)
In 2010, General Electric was ranked as the world’s second largest company by Forbes. The ranking was based on a formula which compared the total assets, profits, and market value of several multinational companies.
With such stocks, investors don’t have to search far and widely for individual stocks to get big returns. Nimble investors would be able to realize solid outperformance of their benchmark.
Related links:
Top Stock Picks of Tech-Fund Managers
It is Time to Invest in the Top Growth Stocks
Top Investments To Get Higher Interest Rates
Economics is the study of our lives,our jobs, our homes, our families and the little decisions we face every day. Thus, I am keen on reading and studying economic issues.