The top 10 performing S&P 500 stocks of the decade may surprise you with only a couple of household names on the list.
Netflix was the top performer on the list with returns of 3990% but was the only FAANG stock that made the list of top decade gainers.
The next stock on the list was MarketAxess MKTX with 2650% returns this decade. This company revolutionized digital trading in the credit markets for institutional investors, creating a liquid and transparent exchange for fixed income assets.
Abiomed ABMD and its artificial heart would have been the highest performing stock if it hadn’t broken down over 40% in the past year. Still, it was able to return investors 1840% since December 31st, 2009.
We had a few unsurprising semiconductors on the list as these companies made a name for themselves in their respective spaces. Broadcom AVGO amassed 1670% gains over the last decade, and Nvidia NVDA demonstrated an 1160% share price appreciation.
One of the most surprising stocks on this list to me was equipment rental company United Rentals URI, which returned 1590% to investors.
Keep an eye on Zacks top picks as well as our subscription portfolios for this next decade's winners.
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United Rentals, Inc. (URI) : Free Stock Analysis Report
Broadcom Inc. (AVGO) : Free Stock Analysis Report
ABIOMED, Inc. (ABMD) : Free Stock Analysis Report
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
MarketAxess Holdings Inc. (MKTX) : Free Stock Analysis Report
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