The 21 Top S&P 500 Stocks Since the Bear-Market Bottom
Growth stocks have been some of the best performers since the June low.


Stocks have staged a remarkable rally since mid-June, and although the Nasdaq Composite is not in an official bull market just yet, investors may be forgiven if such nitpicking feels like making a distinction without a difference.
After all, 2022 has served up more than its fair share of pain. The market suffered through its worst first-half performance in more than 50 years. The bond market, which is supposed to offer ballast when equities are selling off, has also been battered.
And yet here we are, with the Nasdaq up more than 20% since its bear-market bottom of June 16. The S&P 500 likewise hit its nadir on that date. The financial news headlines are proclaiming the dawn of a new bull market for the tech-heavy index, but that's not exactly right. Strictly speaking, the tenets of technical analysis hold that a new bull market isn't confirmed until the previous high has been taken out.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.

Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
In the Nasdaq's case, it won't be in an official bull market until it reclaims its all-time high of 16,057 set on Nov. 19, 2021.
On the other hand, who cares? Haven't we suffered enough? Let the good times roll.
The Nasdaq gained 21% between June 16 and Aug. 10. The benchmark S&P 500 is up nearly 15% over the same span. As for the blue-chip Dow Jones Industrial Average, it's tacked on more than 11% since its June 17 low.
If the bottom is really and truly behind us, there's no harm in prematurely celebrating the beginning of a new bull market.
To mark the moment, it seemed like a good time to take a look at the top-performing S&P 500 stocks since the index bottomed out on June 16. See the table below for the full list of names, but here are just a few of the more notable highlights:
- Enphase Energy (ENPH, $303.25) is the S&P 500's top stock since the index hit its bear-market low on June 16, gaining nearly 80%. Investors can thank the Inflation Reduction Act for the lion's share of the performance. The solar energy company – like the rest of the green energy sector – stands to benefit from the bill's $369 billion worth of spending on clean energy and climate initiatives. ENPH stock is up about 60% for the year-to-date, but analysts still say it's a bargain. The Street gives shares a consensus recommendation of Buy, with high conviction, per S&P Global Market Intelligence.
- Moderna (MRNA, $174.27) shares are still off about 30% for the year-to-date, but they've made up a lot of ground since the June 16 bear-market low. Indeed, MRNA gained nearly 44% since then, helped partly by a strong second-quarter earnings report. The COVID-19 vaccine maker beat analysts' bottom- and top-line forecasts – and announced a $3 billion share repurchase program. The Street gives MRNA a consensus recommendation of Buy, albeit with mixed conviction. Of the 19 analysts covering the stock tracked by S&P Global Market Intelligence, four call it a Strong Buy, four say Buy, 10 have it at Hold and one rates it at Sell.
- Amazon.com (AMZN, $142.69) stock is still trailing the broader market for the year-to-date, but it's catching up in a hurry. Shares in the e-commerce giant have gained nearly 38% since the market bottom of mid-June. Heck, AMZN has added nearly 25% in the past month alone. Rising fears of recession and its potential impact on retail spending weighed heavily on shares for much of 2022. The market's rotation out of pricey growth stocks and into more value-oriented names also did AMZN no favors. But as we noted in July, the AMZN selloff eventually passed beyond the point of reason. AMZN was – and remains – a screaming bargain buy. At least the Street sure thinks so. Analysts give the stock a rare consensus recommendation of Strong Buy.
Have a look at the full list of the S&P 500's top 21 stocks since the bear-market bottom:
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.

Dan Burrows is Kiplinger's senior investing writer, having joined the publication full time in 2016.
A long-time financial journalist, Dan is a veteran of MarketWatch, CBS MoneyWatch, SmartMoney, InvestorPlace, DailyFinance and other tier 1 national publications. He has written for The Wall Street Journal, Bloomberg and Consumer Reports and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among many other outlets. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange.
Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.
In his current role at Kiplinger, Dan writes about markets and macroeconomics.
Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.
Disclosure: Dan does not trade individual stocks or securities. He is eternally long the U.S equity market, primarily through tax-advantaged accounts.
-
Credit Cards That Actually Reward Your Loyalty
If you have bank or investment accounts with your credit card issuer, you may qualify for extra cash back, waived fees and other benefits.
-
The 10 Most Valuable Vacation Destinations for Retirees in 2026
Whether traveling within the U.S. or internationally, retirees can find a perfect blend of relaxation and excitement in these destinations, all while staying within budget.
-
Dow Dives 878 Points on Trump's China Warning: Stock Market Today
The main indexes erased early gains after President Trump said China is becoming "hostile" and threatened to cancel a meeting with President Xi.
-
Stocks Retreat as Shutdown Continues: Stock Market Today
While the main indexes closed lower today, Delta and PepsiCo gained ground on encouraging earnings reports.
-
S&P 500 Hits New Highs as Rally Resumes: Stock Market Today
Tech stocks were the biggest gainers on Wall Street today, with Nvidia and Dell making notable moves.
-
Rally Fades on Mixed AI Revolution News: Stock Market Today
All three main U.S. equity indexes opened higher but closed lower as a seven-session winning streak for the S&P 500 came to an end.
-
S&P, Nasdaq Hit New Highs: Stock Market Today
A late-day rally wasn't enough to lift the Dow into the green as its six-session winning streak came to an end.
-
Dow Adds 238 Points as UNH, CAT Pop: Stock Market Today
The lack of a September jobs report didn't seem to worry market participants, with the data delayed due to the ongoing government shutdown.
-
Stocks at New Highs as Shutdown Drags On: Stock Market Today
The Nasdaq Composite, S&P 500 and Dow Jones Industrial Average all notched new record closes Thursday as tech stocks gained.
-
S&P 500 Sees New Highs on Shutdown Day: Stock Market Today
Most of its components were in the red, but the S&P 500 Index still managed to hit a new intraday all-time high.