This past Wednesday, the curtain closed on what was a relatively tame first quarter — at least compared to what happened in the previous year. When the closing bell tolled, the iconic Dow Jones Industrial Average led all indexes with a year-to-date gain of 7.8%. This was followed by a rise in the benchmark S&P 500 of 5.8%. The tech-heavy Nasdaq Composite brought up the caboose with a gain of 2.8%.
While these are fantastic numbers that could put all three indexes on track to surpass their historic average annual returns, they’re peanuts compared to the performance of a trio of supercharged, ultra-popular stocks during the first quarter. If you had the foresight, luck, and wherewithal to invest $200,000 into these companies on Dec. 31, 2020, you’d have well over $1 million sitting in your account at the end of the first quarter.