SCG - 50 Best Performing S&P 500 Stocks During Sell-Off
Since the S&P 500 (SPY) peaked on September 20th, the broad market benchmark is down 17.5%. This article covers the top performing decile of the large cap benchmark, the stocks that have bucked the recent negative market trend. We examine this list to understand the drivers of market outperformance during the broad-based sell-off.
The two largest outperformers have seen their share prices driven higher by expected M&A. SCANA Corp (SCG), which has faced challenges from a failed nuclear plant build, is in the process of merging with Dominion Resources (D