Russell 3,000 Stocks Up the Most Since the Bull Market Began

This sent to us by Shaza via Bespoke Investment Group
With tomorrow marking the two-year anniversary of the bull market, below we highlight the top performing US stocks (in the Russell 3,000) since 3/9/09.  The average stock in the Russell 3,000 is up 260% since 3/9/09, but each of the stocks listed below is up more than 2,000%.  Dana Holding (DAN) is up the most of any stock in the Russell 3,000 since 3/9/09 with a gain of 9,160%.  It closed at $0.20 on that day two years ago, and it's currently trading at $18.52.  Dollar Thrifty Automotive (DTG) is up the second most with a gain of 7,577%, followed by Pier 1 Imports (PIR), General Growth Propertieis (GGP), and ArvinMeritor (ARM).  Each of the names just highlighted are up more than 5,000% since 3/9/09.  Las Vegas Sands (LVS) is probably the most well-known of the stocks shown.  On 3/9/09, LVS closed at $1.42 and it is currently above $42.
To make the 2,000%+ club, the stock basically had to be trading near or below $1/share when the bear market came to an end in early 2009.  Needless to say, not many people wanted to own penny stocks when the S&P 500 was hitting 666, so don't feel bad if you didn't pick up any of these names back then! 


DEEP THOUGHTS FROM RAY DALIO

A very rare television interview with Ray Dalio, founder of BridgeWater, the world’s largest hedge fund.  Dalio describes how he approaches the market and what his current outlook is.
Dalio says:
  • The USD will eventually lose its reserve currency status (over the next 10 years).
  • He is bullish about equities in 2011.
  • Equities are still comparatively cheap.
  • Gold is still unappreciated as an asset class.
  • Diversification is the key.  Dalio likes diversfiying out of dollar denominated assets such as emerging markets and gold.
  • He believes the Fed saved us from a depression.
  • Economic growth will slow in Q4 2011.
  • De-leveraging is not over yet, but stimulus is offsetting the effects.
  • The economy will be much weaker in 2012.
  • He likes emerging market currencies.