The average stock in the S&P 500 was down 10.04% on Monday. Since Monday's close, the average stock has risen 7.6%. We broke the index into deciles (10 deciles of 50 stocks) based on stock performance on Monday and calculated the average percentage change of the stocks in each decile since then. As shown below, the stocks that performed the worst on Monday have averaged the biggest gains since then, while the stocks that held up the best on Monday have gained the least.
Below we highlight the 25 best performing stocks in the S&P 500 since Monday's close. CIT has seen the biggest gains at nearly 50%, followed by XL (42.9%), PLD (36%), and MBI (34%). Other notables on the list of winners include Wachovia, CBS, KB Home, Bed Bath & Beyond, Merrill Lynch, and Morgan Stanley.
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