Investing
Major Stocks That Have Doubled And Their Future Prospects (F)(AMZN)(AAPL)(WFMI)(MOT)
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By Douglas A. McIntyre
The S&P 500 index is so far having a fine year, up a bit more than 20%. But several big-company stocks in the index have doubled, or better, over that time. Among the best-performers are some of America’s most well-known companies.
Here’s a look at 10 of those and their prospects of advancing further — or sliding back into the large pack of equities that have had only modest advances during the current bull market (all prices are as of the close on Nov. 9).
Ford (NYSE:F) was left for dead when it traded at $1 last November. The market thought it would share the sorry fate of its rivals General Motors and Chrysler, and that common shareholders would get nothing.
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