SE - These 3 Stocks Have Doubled This Year. Can They Keep Surging?
2020 has been a wild year so far for investors.
The S&P 500 plunged 35% in February and March before gaining back nearly all of those losses, rising as much as 48% before pulling back modestly over the last couple of weeks. The recovery in the Nasdaq has been even more striking. The tech-heavy index is back at all-time highs, having crossed the 10,000 mark, and is up 12% year to date in spite of the unprecedented coronavirus crisis.
That impressive growth has been paced by a number of tech stocks that have soared in the recovery, with some more than doubling so far this year. As the chart below shows, Bill.com (NYSE: BILL), Sea Limited (NYSE: SE), and Livongo Health (NASDAQ: LVGO) have all jumped by triple digits this year.