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.
DexCom Inc. (DXCM) had a reasonably strong start in 2020, outperforming the S&P 500 over the past five months, rising by approximately 66.6% in comparison to the S&P 500’s loss of about 1.14%. The strong start and investor demand have gotten the shares added to the WhaleWisdom WhaleIndex.
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%.
JD.com, Inc. (JD) has seen a reasonably upward trend in performance over the past six months, seemingly riding out the storm that the global coronavirus pandemic has brought upon the stock market. The China-based online direct sales company reported better than expected results on May 23, 2020, and now leads the S&P 500 with a staggering gain of approximately 41.6% versus a decline of 8.5%.
Roku Inc. (ROKU) has had a challenging start to 2020, though it’s followed the S&P 500’s performance somewhat closely. While Roku experienced a multi-month downward trend in price, more recently, it has seen improvement. As of April 17, Roku’s stock has fallen by 5.3% versus the S&P 500’s decline of about 11%.