Back on March 6, 2009, the S&P 500 bottomed out at 666.79, and from there began perhaps the biggest bull market of the modern era. At the most recent close, the S&P 500 was at 2,779.60, more than quadrupling its bottom nearly nine years ago.
So how does this measure up against AT&T Inc. (NYSE: T)?
On an adjusted close basis, AT&T closed March 6, 2009, at $13.82 a share, or at $22.58 on an unadjusted basis. AT&T most recently closed at $36.87 on an adjusted basis.
Looking at the numbers, we can see that AT&T鈥檚 growth over this nine-year period was outpaced by the S&P 500 and the broad markets in general. This is one of the few instances where the market beat a blue chip in this period. Specifically, the telecom giant saw its shares gain just over 165%.
Top Blue Chip Stocks To Invest In 2018: California Resources Corporation(CRC)
Advisors' Opinion:- [By Andrew Efimoff]WTI crude oil plunged 3.11 percent on Friday to $48.99 a barrel. Below are the biggest energy losers for the day:
California Resources Corporation (NYSE: CRC): -19.22% Dynamic Materials (NASDAQ: BOOM): -12.39% Clayton Williams Energy (NYSE: CWEI): -11.45% Dynergy (NYSE: DYN): -11.91% EP Energy Corporation (NYSE: EPE): -11.20% Mexco Energy (NYSE: MXC) -10.90% Whiting Petroleum (NYSE: WLL) -10.79% Southwestern Energy Company (NYSE: SWN) -10.79% SM Energy Company (NYSE: SM) -10.38% Real Goods Solar (NASDAQ: RGSE) -10.34%Posted-In: Commodities After-Hours Center Markets Movers - [By Peter Graham]Small cap independent California oil and natural gas stock California Resources Corp (NYSE: CRC) has elevated short interest of 36.22% according to Highshortinterest.com. California Resources Corporation is the largest oil and natural gas exploration and production company in California on a gross-operated basis. The Company explores for, produces, gathers, processes and markets crude oil, natural gas and natural gas liquids exclusively in the state of California. California Resources Corp has a large portfolio of lower-risk conventional opportunities in each of California鈥檚 four major oil and gas basins: San Joaquin, Los Angeles, Ventura and Sacramento.
- [By Matthew DiLallo]That sell-off in the oil market weighed on financially challenged oil stocks, which will struggle if crude continues dropping. Among the biggest losers were Abraxas Petroleum (NASDAQ:AXAS), Whiting Petroleum (NYSE:WLL), Denbury Resources (NYSE:DNR), California Resources (NYSE:CRC), and Cobalt International Energy (NYSE:CIE).
- [By Lisa Levin]On Friday, the energy sector proved to be a source of strength for the market. Leading the sector was strength from Denbury Resources Inc. (NYSE: DNR) and California Resources Corp (NYSE: CRC).
Top Blue Chip Stocks To Invest In 2018: Viking Therapeutics, Inc.(VKTX)
Advisors' Opinion:- [By Lisa Levin]
Losers DBV Technologies SA - ADR (NASDAQ: DBVT) shares tumbled 50.6 percent to $23.73 after the company disclosed that its peanut allergy trial failed to meet primary endpoint. Connecture Inc (NASDAQ: CNXR) shares declined 40.8 percent to $0.290. Connecture reported that it will voluntarily delist from the NASDAQ for OTCQX Market. Walter Investment Management Corp (NYSE: WAC) slipped 19.2 percent to $0.410. On Friday, Walter Investment Management disclosed that it has reached an agreement with term lenders and senior noteholders on financial restructuring. Eldorado Gold Corp (USA) (NYSE: EGO) shares dropped 15.9 percent to $1.83. Eldorado Gold lowered its production guidance for its Kisladag operation. Seanergy Maritime Holdings Corp. (NASDAQ: SHIP) shares fell 15.4 percent to $1.04. Future Fintech Group Inc (NASDAQ: FTFT) dropped 13.6 percent to $1.53. Future FinTech reported filing of proxy statement, including proposal for corporate restructuring. Concordia International Corp (NASDAQ: CXRX) shares fell 12.3 percent to $0.500 after dipping 38.71 percent on Friday. Aemetis Inc (NASDAQ: AMTX) shares declined 11.3 percent to $0.550 OncoSec Medical Inc (NASDAQ: ONCS) dipped 10.5 percent to $1.12. OncoSec reported a $7.1 million registered direct at-the-market offering at a price of $1.34375 per share. Evoke Pharma Inc (NASDAQ: EVOK) shares fell 10.35 percent to $3.08 after the company disclosed 'positive' topline results from comparative exposure pharmacokinetic study for Gimoti. Eiger Biopharmaceuticals Inc (NASDAQ: EIGR) shares dropped 9.4 percent to $11.60 as the company disclosed Phase 2 interim 24-week data with pegylated interferon lambda in Hepatitis Delta Virus infection at the American Association for the Study of Liver Diseases Meeting. Viking Therapeutics Inc (NASDAQ: VKTX) shares slipped 6.6 percent to $2.80. Viking Therapeutics presented results from proof-of-concept study of VK0214 in in vivo - [By Lisa Levin]Viking Therapeutics Inc (NASDAQ: VKTX) shares dropped 39 percent to $1.17 after the company priced 7.5 million share offering at $1.25 per share.
- [By William Romov]Currently trading at $4.52 per share, Viking Therapeutics Inc. (Nasdaq: VKTX) develops drugs to treat fatty liver disease and post-hip surgery rehabilitation. It has the highest share price of the penny stocks on our list today.
Top Blue Chip Stocks To Invest In 2018: 58.com Inc.(WUBA)
Advisors' Opinion:- [By Lisa Levin] Companies Reporting Before The Bell Tyson Foods, Inc. (NYSE: TSN) is expected to report quarterly earnings at $1.38 per share on revenue of $9.86 billion. Aecom (NYSE: ACM) is projected to report quarterly earnings at $0.71 per share on revenue of $4.67 billion. JD.Com Inc(ADR) (NASDAQ: JD) is estimated to report quarterly earnings at $0.11 per share on revenue of $12.60 billion. 58.com Inc (ADR) (NYSE: WUBA) is projected to report quarterly earnings at $0.28 per share on revenue of $383.60 million. Kamada Ltd (NASDAQ: KMDA) is expected to report quarterly earnings at $0.02 per share on revenue of $25.00 million. Palatin Technologies, Inc. (NYSE: PTN) is projected to report quarterly earnings at $0.06 per share on revenue of $28.00 million. TheStreet, Inc. (NASDAQ: TST) is estimated to report a quarterly loss at $0.02 per share on revenue of $15.81 million. Atlantica Yield PLC (NASDAQ: ABY) is projected to report quarterly earnings at $0.45 per share on revenue of $290.80 million. Asure Software Inc (NASDAQ: ASUR) is estimated to report quarterly earnings at $0.15 per share on revenue of $15.26 million. Cyren Ltd (NASDAQ: CYRN) is expected to report quarterly loss at $0.06 per share on revenue of $7.90 million. Viewray Inc (NASDAQ: VRAY) is estimated to report quarterly loss at $0.12 per share on revenue of $18.58 million.
- [By ]Then there鈥檚 58.com Inc. (NASDAQ:WUBA), the Craigslist of China. This stock exceeded our wildest expectations when we jumped into a trade in late June. After beating earnings expectations, shares rallied double-digits and didn鈥檛 look back. We were able to unload the trade for gains north of 50%.
