Microsoft Corp. (MSFT) has seen relatively steady demand and increasing value so far for 2020, with the stock rising by about 23.7%, a stunning performance when compared to the S&P 500’s loss of approximately 3.6%. Overall, analysts have been bullish on the stock, increasing their price targets.
Tesla, Inc. (TSLA) managed to maintain strong momentum for the first five months of 2020 and has steadily outperformed the S&P 500. Despite the Coronavirus pandemic causing disruptions on its production line, Tesla has fared well, seeing just a slight dip in March. Tesla continues to be a leader in environmentally friendly vehicles.
Amazon.com Inc.’s (AMZN) stock has had a reasonably strong start to 2020. While the shares have had a few minor dips along the way, Amazon has steadily outperformed the S&P 500, rising by approximately 30.9% in comparison to the S&P 500’s loss of 5.8%.
Exxon Mobil Corp.’s (XOM) performance over the past year has been disappointing. While losses in early 2019 were minor and in line with the S&P 500, as of April 3, 2020, Exxon Mobil had decreased approximately 43.8% in comparison to the S&P’s loss of about 23% this year.
Uber Technologies, Inc. (UBER) had a disappointing performance in 2019, but fortunately improved performance by year-end and early 2020, indicating a potential turn around for the company. While startling losses in 2019 gave investors concern, analysts were not as worried, and ultimately, Uber displayed an impressive rise on the WhaleWisdom Heatmap in the fourth quarter of 2019.