Published on 4 May 2024 on Insider Monkey via Yahoo Finance
In this article, we discuss the 23 most profitable stocks of the last 12 months. If you want to skip our detailed analysis of these stocks, go directly to 5 Most Profitable Stocks of the Last 12 Months.
The United States stock market has come a long way since the turn of the millennium more than two decades ago. Emerging from the dotcom boom and bust without permanent damage, the economy has faced the financial meltdown of 2008, a tech-enabled boom that has resulted in trillion dollar valuations, and the pandemic crisis of 2020 that ground business to almost a complete halt across the globe. From 2003 to 2023, the benchmark S&P 500 has registered double digits annual returns thirteen times.