During the Coronavirus Pandemic, These Have Been the 10 Best and Worst S&P 500 Stocks

The 10 best-performing S&P 500 stocks during the coronavirus outbreak

All stock prices and one-month percentage change (1M %Chg) figures reflect changes from the settlement price on March 9, 2020 to the settlement price on April 9, 2020.

Data was drawn from Barchart.com.

1. Diamondback Energy (FANG)

• Price as of March 9, 2020: $26.88
• Price as of April 9, 2020: $34.86
• One-Month Change: +29.69%
• Overview: Diamondback Energy, an oil and natural gas company based in Texas, is expected to report strong earnings and revenue figures with their next earnings release.

2. SVB Financial Group (SIVB)

• Price as of March 9, 2020: $148.15
• Price as of April 9, 2020: $185.69
• One-Month Change: +25.34%
• Overview: Silicon Valley Bank focuses heavily on investing in startups and the tech sector, companies that are helping people and businesses operate when social distancing has become standard practice.

3. Carrier Global Corp. (CARR)

• Price as of March 9, 2020: Carrier was still part of United Technologies until it separated and went public on April 3, 2020. *Traded at $12.00 on March 19, 2020.
• Price as of April 9, 2020: $14.78
• One-Month Change: +23.17%
• Overview: Carrier spun off from United Technologies on April 3 and specializes in proving HVAC, refrigeration, and security technologies where there is always a need.

4. Digital Realty Trust (DLR)

• Price as of March 9, 2020: $120.67
• Price as of April 9, 2020: $148.29
• One-Month Change: +22.89%
• Overview: Digital Realty Trust, a data center real estate investment trust, made a big acquisition of InterXion on March 13, and its business won’t be too severely impacted by changes caused by COVID-19.

5. Occidental Petroleum Corp. (OXY)

• Price as of March 9, 2020: $12.51
• Price as of April 9, 2020: $15.36
• One-Month Change: +22.78%
• Overview: Occidental Petroleum has had a tough year-to-date after an oil war caused a flooded supply without much demand due to the pandemic, but the company rebounded strongly this past week after a new CFO was named.

6. Hess Corp. (HES)

• Price as of March 9, 2020: $32.98
• Price as of April 9, 2020: $40.38
• One-Month Change: +22.44%
• Overview: Like OXY, Hess Corporation has had a tough go of it so far in 2020, but the company’s stock rallied over the last week.

7. Incyte Corp. (INCY)

• Price as of March 9, 2020: $71.09
• Price as of April 9, 2020: $86.81
• One-Month Change: +22.11%
• Overview: Incyte Corporation, a pharmaceutical company, announced plans for a phase III study to evaluate the effectiveness of the company's drug Jakafi as a treatment against COVID-19.

8. Corteva, Inc. (CTVA)

• Price as of March 9, 2020: $23.07
• Price as of April 9, 2020: $27.93
• One-Month Change: +21.07%
• Overview: An agricultural chemical and seed company, Corteva recently announced plans on March 25 to develop novel herbicides to address the rise in global weed resistance.

9. WestRock Co. (WRK)

• Price as of March 9, 2020: $26.61
• Price as of April 9, 2020: $32.16
• One-Month Change: +20.86%
• Overview: WestRock, a packaging company, specializes in producing paper and cardboard-based packaging products which could see soaring demand as we move away from plastic packages.

10. The Charles Schwab Corp. (SCHW)

• Price as of March 9, 2020: $30.27
• Price as of April 9, 2020: $36.54
• One-Month Change: +20.71%
• Overview: Charles Schwab completed an all-stock acquisition of TD Ameritrade in November of 2019. The deal is still awaiting Justice Department approval, but a good sign came when the Justice Department approved the Morgan Stanley–ETrade deal on March 30, 2020.

The 10 worst-performing S&P 500 stocks during the coronavirus outbreak

1. Delta Air Lines, Inc. (DAL)

• Price as of March 9, 2020: $43.52
• Price as of April 9, 2020: $24.39
• One-Month Change: -43.96%
• Overview: Delta, one of the major U.S. airlines, is feeling the pinch as social distancing guidelines have all but eliminated mass air travel.

2. Raytheon Technologies Corp. (RTX)

• Price as of March 9, 2020: $115.36
• Price as of April 9, 2020: $64.71
• One-Month Change: -43.91%
• Overview: Interestingly, the Raytheon Co. merged with United Technologies in April 2020 to form Raytheon Technologies. The latter side of that merger is the same company that separated from Carrier, the company that is listed above with one of the best-performing stocks. A big part of Raytheon’s business is aircraft manufacturing, a sector where demand has dropped lately.

3. Carnival Corp. (CCL)

• Price as of March 9, 2020: $21.74
• Price as of April 9, 2020: $12.42
• One-Month Change: -42.87%
• Overview: Similar to how airlines have struggled during the COVID-19 crisis, cruise lines, like Carnival, are doing no better.

4. Howmet Aerospace Inc. (HWM)

• Price as of March 9, 2020: $23.04
• Price as of April 9, 2020: $13.25
• One-Month Change: -42.49%
• Overview: As a company that manufactures aerospace equipment, like parts for jet engines, Howmet Aerospace is struggling due to lack of demand as flights across the world are put on hold.

5. Alliance Data Systems Corp. (ADS)

• Price as of March 9, 2020: $63.02
• Price as of April 9, 2020: $38.58
• One-Month Change: -38.78%
• Overview: Alliance Data Systems is a provider of loyalty and marketing services, like private label credit cards, and it has struggled lately in lockstep with general financial trends.

6. Kohl’s Corp. (KSS)

• Price as of March 9, 2020: $32.50
• Price as of April 9, 2020: $19.91
• One-Month Change: -38.74%
• Overview: With social distancing guidelines effectively eliminating foot traffic, retailers like Kohl’s have struggled with revenue.

7. Simon Property Group, Inc. (SPG)

• Price as of March 9, 2020: $103.04
• Price as of April 9, 2020: $68.17
• One-Month Change: -33.84%
• Overview: Simon Property Group is a commercial real estate company and the largest shopping mall operator in the U.S., which is a business that has been crushed during this global pandemic.

8. Norwegian Cruise Line (NCLH)

• Price as of March 9, 2020: $19.81
• Price as of April 9, 2020: $13.11
• One-Month Change: -33.82%
• Overview: See #3 above on Carnival.

9. Capri Holdings Limited (CPRI)

• Price as of March 9, 2020: $20.21
• Price as of April 9, 2020: $13.38
• One-Month Change: -33.80%
• Overview: Capri Holdings, the parent company of brands including Michael Kors and Versace, has had a rough go of it as retailers have had to close their doors due to COVID-19.

10. Boeing Co. (BA)

• Price as of March 9, 2020: $227.17
• Price as of April 9, 2020: $151.84
• One-Month Change: -33.16%
• Overview: Boeing’s brutal 2019 caused by 737 MAX accidents has been followed up with more bad tidings as the entire global airline industry has tanked due to the pandemic.

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