This month we are providing a snapshot summary of the S&P 500 top 10 performers for 2014 and 2013. Did you own the top 10 best-performing stocks last year? (Yes, you did!)
The best-performing stocks can go up over 100% or more.
Mathematically, the worst one stock can do is minus 100%.
So a few stocks going up more than 100% can outweigh the few that go down 75% or more.
Not owning the top 10 stocks represents an "opportunity cost" that contributes to active managers underperforming a broad stock-market index.
As the charts show, the names and industries of the best-performing companies change over the years.
S&P 500 Top 10 Performers
Chances are, the best-performing companies in the future will be names we aren't familiar with today.
[Tweet "The best-performing companies in the future will be names we aren't familiar with today."]
As always, please contact us with any questions, comments or news. You can email me at email@example.com or call 513-474-9191. I'm always happy to hear from you!