Stocks That Reached All-Time Highs Last Week

The S&P 500 is up over 18% YTD. The tech-heavy NASDAQ Composite has shot up by about 36% YTD. Overall US equity markets have recovered strongly from the crash of 2022. However we may not be out of the woods yet. This is not a bull market. High interest rates are projected to remain high for the foreseeable future and recession is also a possibility next year.

Though the benchmarks have grown by decent double digits this year many individual stocks and a few sectors have soared even more. For instance, “The Magnificent Seven” are in a bull market of their own within the S&P 500. With that said, let’s take a quick look at which stocks reached all-time highs in the last trading session.

NASDAQ Stocks that reached All-Time Highs on Nov 17, 2023:

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Source: Barchart

Semiconductor maker Broadcom Inc (AVGO) reached an all-time high of nearly $984 on Friday giving it a market cap of over $403.0 billion. The stock is up by 77% YTD and in the past 5 years it has soared an astonishing 325%. Other notables in the above list includes chemical company Linde(LIN) and fast food chain Wingstop Inc (WING). One of the few winners in the banking space this year include
Merchants Bancorp (MBIN) of Indiana. The stock is up by 37% YTD.

NYSE Stocks that reached All-Time Highs on Nov 17, 2023:

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