After a rough couple of months in August and September, the S&P 500 booked a stellar month of October. The index closed out the month with a strong 8.3 percent gain.
However, some stocks fared even better than the overall market during the October rally. Here’s a list of the five best-performing S&P 500 stocks in the past month.
5. E I Du Pont De Nemours And Co DD 0.26%
DuPont shares surged in October as speculation of a possible break-up of the company continue to swirl. On the company’s earnings call, acting CEO Edward Breen indicated that he has an “open mind” when it comes to corporate restructuring, and the company has reportedly recently met with activist investor and break-up advocate Nelson Peltz. DuPont finished October up 31.1 percent on the month.
4. First Solar, Inc. FSLR 1.28%
First Solar shares received a huge boost at the end of the month when the company announced a massive Q3 earnings beat. Shares spiked nearly 12 percent on the last day of the month after the earnings report, and First Solar finished October up 33.7 percent.
3. Wynn Resorts, Limited WYNN 2.64%
After finding itself among the five worst-performing S&P 500 stocks in September, the casino operator hit…
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