S&P 500 Movers | Winners: CRWD, GS, CVNA | Losers: IBM, BIIB, HCA

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State Street SPDR S&P 500 ETF Trust

A day of sharp divergences at the top and bottom of the index raises questions about momentum and investor discipline.

The S&P 500 returned +0.4% on a day of starkly different outcomes for its largest members. At one extreme, International Business Machines (IBM) returned -25.2%, while at the other, CrowdStrike (CRWD) returned +12.1%. The critical question is whether these are sudden shocks or the latest chapters in stories already well underway. The day’s full leaderboard follows.

Photo by ArtsyBee on Pixabay

Tuesday’s S&P 500 Winners

The 10 stocks with the highest returns on the last trading day:

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# Ticker Company Name 1-D
Returns
YTD
Returns
1 CRWD CrowdStrike 12.1% 79.8%
2 GS Goldman Sachs 9.0% 30.9%
3 CVNA Carvana 8.3% -16.6%
4 DELL Dell Technologies 7.1% 265.1%
5 PANW Palo Alto Networks 6.8% 91.6%
6 MPWR Monolithic Power Systems 6.6% 52.4%
7 NTAP NetApp 6.5% 65.1%
8 LITE Lumentum 6.1% 121.1%
9 SNDK SanDisk 5.0% 640.5%
10 MU Micron Technology 4.9% 244.7%

Tuesday’s S&P 500 Losers

And the 10 stocks with the lowest returns:

# Ticker Company Name 1-D
Returns
YTD
Returns
1 IBM International Business Machines -25.2% -25.8%
2 BIIB Biogen -8.2% 9.1%
3 HCA HCA Healthcare -6.9% -21.8%
4 ISRG Intuitive Surgical -6.8% -33.0%
5 SYK Stryker -6.1% -11.0%
6 IT Gartner -5.9% -47.3%
7 NOW ServiceNow -5.8% -31.6%
8 UHS Universal Health Services -5.6% -33.7%
9 GEHC GE HealthCare Technologies -5.6% -24.8%
10 FICO Fair Isaac -5.3% -28.4%

Are these moves just one-day noise?

The data suggests they are not. Both of the day’s most significant movers appear on the one-month lists, indicating persistence. CrowdStrike’s daily gain is part of a one-month return of +21.9%. Similarly, Palo Alto Networks (PANW) shows continued strength with a one-month return of +26.2%.

For International Business Machines, the day’s weakness has been building for weeks, with its one-month return standing at -21.0%. These are not new developments but accelerations of existing trends.

Movers Over The Last Week

Widening the window to five trading days, these are the strongest and weakest S&P 500 names:

# Ticker Company Name 1-W
Returns
YTD
Returns
1 LITE Lumentum 16.6% 121.1%
2 HPE Hewlett Packard Enterprise 14.0% 108.3%
3 MPC Marathon Petroleum 13.9% 88.2%
4 VLO Valero Energy 13.2% 87.2%
5 PSX Phillips 66 12.6% 58.5%
6 AKAM Akamai Technologies 10.3% 44.5%
7 ANET Arista Networks 9.7% 39.3%
8 DELL Dell Technologies 9.6% 265.1%
9 GS Goldman Sachs 9.3% 30.9%
10 SNDK SanDisk 8.7% 640.5%

 

# Ticker Company Name 1-W
Returns
YTD
Returns
1 IBM International Business Machines -29.1% -25.8%
2 MRNA Moderna -15.5% 128.7%
3 APP AppLovin -15.0% -33.4%
4 AXON Axon Enterprise -14.6% -3.6%
5 HCA HCA Healthcare -14.1% -21.8%
6 RMD ResMed -12.2% -19.4%
7 ISRG Intuitive Surgical -11.2% -33.0%
8 UHS Universal Health Services -10.6% -33.7%
9 ORCL Oracle -9.3% -33.7%

Movers Over The Last Month

And over the last 21 trading days:

# Ticker Company Name 1-M
Returns
YTD
Returns
1 MRNA Moderna 35.9% 128.7%
2 TECH Bio-Techne 31.9% 21.5%
3 PANW Palo Alto Networks 26.2% 91.6%
4 HOOD Robinhood Markets 23.0% 0.3%
5 CRL Charles River Laboratories International 22.9% 15.9%
6 AXON Axon Enterprise 22.6% -3.6%
7 CRWD CrowdStrike 21.9% 79.8%
8 DASH DoorDash 21.5% -17.1%
9 GDDY GoDaddy 21.2% -26.6%
10 VEEV Veeva Systems 19.5% -13.5%

 

# Ticker Company Name 1-M
Returns
YTD
Returns
1 ORCL Oracle -30.3% -33.7%
2 ECHO EchoStar -26.2% -13.1%
3 SWKS Skyworks Solutions -22.2% -8.9%
4 IBM International Business Machines -21.0% -25.8%
5 MRVL Marvell Technology -20.7% 162.1%
6 FOXA Fox -19.7% -24.5%
7 FDXF FedEx Freight -19.6%
8 FOX Fox -19.3% -23.4%
9 ON ON Semiconductor -19.2% 73.1%
10 ALB Albemarle -18.8% -8.5%

How should an investor use these leaderboards?

A movers list is a map of where market attention is focused, not a set of instructions. A dramatic price change, positive or negative, is simply a signal to investigate the fundamentals of the business itself. The longer-term tables above show which moves have staying power.

For a persistent loser like IBM, the next step is to note it trades at 18.9 times trailing earnings while its revenue grew 9.7% over the last twelve months. For a winner like CrowdStrike, the factbook shows its revenue grew 23.2%. These figures are the starting point for disciplined analysis, long after the day’s noise has faded.

Either side of these lists can be a lead worth following, with the same follow-up question: does the business back the move? For the winners, our Guidance Momentum screen tracks which companies raised their own forward numbers. For the losers, our Buy the Dip screen flags which marked-down names still have the fundamentals to recover.

Today’s Winner Is Tomorrow’s Loser Often Enough

The movers list is the most honest picture of single-stock risk the market prints each day: the same volatility that makes the winners column also fills the losers column, and no one reliably knows which side a stock lands on next.

That is the case for owning a disciplined basket instead of chasing the tape. The Trefis High Quality (HQ) Portfolio holds roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules. It has a track record of outpacing a benchmark that combines all major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Watch the movers for information; let the portfolio do the compounding.