9 Stocks Turned $10,000 Into $130,465 In 9 Months (2024)

It's a tough S&P 500 stock market to make money on. But some investors are still finding a way to do it.

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All told, had you invested $10,000 in January and reinvested your money into theeach month this year, includingBiogen (BIIB) in September, you'd have $130,465 now, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.

That's an impressive nine-month gain of more than 1,205%. That's quite a feat in a year the S&P 500 is down more than 24% and has been brushing with a bear market all year. The same $10,000 invested in the S&P 500 would be worth just $7,520 now. That's a loss of $2,480.

While these nine stocks jumped the most, the S&P 500 struggled during the month. The S&P 500 dropped 9.3% in September, known as the worst month of the year for stocks. That extends the index' 3.5% loss during August. It also prolongs many index investors' pain. And to date, the S&P 500 dropped in seven of the past nine months.

Gaining In The S&P 500 Is Possible During A Bear

Hindsight is 20/20. And clearly, few if any investors could have picked out the top stock each of the past seven months, as it's not arepeatable strategy. But the staggering numbers are a reminder to investors that gains can be found in a bear market.

Investors always expect turbulence in September. But this year, they got even more than usual. The month of September is the worst of the year going back to 1950, says "Stock Trader's Almanac." The S&P 500's average loss during the month is 0.5%. So this year, it was much worse than usual. September is just the latest chapter of a brutal market this year.

"(Stocks) have seen their own market cap fall by just shy of $13 trillion, larger than the Covid shock, the Global Financial Crisis, or the aftermath of the Tech Bubble," says Bespoke Investment Group.

But you could still make money.

Top Stock Of September: Biogen

What's it take to stand out in such a A breakthrough drug with solid test results to combat a disease that's plagued mankind for centuries.

Shares of Biogen are up more than 36% in September. The company's landmark data for a promising treatment for Alzheimer's disease wowed investors. This is exactly the kind of breakthrough that's needed to tap new treatments for neurodegenerative diseases. Multiple false starts in the area had discouraged the industry in brain science. Biogen's move potentially taps this largely wide-open field.

And that's the kind of surprise the market needs to dodge the drags of inflation and rising interest rates. Biogen's adjusted earnings per share is seen dropping more than 14% this year. A breakthrough could reaccelerate growth.

It also put Biogen into a class of its own in the S&P 500 in September. No other S&P 500 stock did anywhere near as well. The No. 2 stock in the month was another health care play, Regeneron (REGN). But it only rose 18.5%. In fact, only 35 stocks in the S&P 500 rose in September. That means 93% of the stocks in the index fell.

Reading The S&P 500 This Year

Each month's twists and turns reveal just how difficult of an S&P 500 this is for investors.

The year kicked off inflation fears and turned energy firm Halliburton (HAL) into the best stock in January, jumping more than 34%. And then hopes for government stimulus for more alternative energy plays fanned SolarEdge (SEDG) into February's top stock.

Speculation started to return to the S&P 500 in July, when the market finally staged a powerful 9.1% rally. That month information technology play Enphase Energy (ENPH) was tops with a 45.6% rise. But that rally ended quickly, followed by a 3.5% drop in August when the top-performing stock was a utility: Constellation Energy (CEG). And that brings us to September, when it took a medical breakthrough to escape the market's downward pull.

Some hope that October, known as the bear killer month, will snap the S&P 500 out of its funk. But one thing's for sure, S&P 500 investors will still find a way to profit.

How To Turn $10,000 Into $130,465 In Nine Months

Top S&P 500 stock in each month of the year so far

MonthTop S&P 500 stockSymbolStock monthly % gainSectorS&P 500 % monthly ch.Beg. bal.Cumulative value of $10,000 investment in January reinvested in best stock each month
JanuaryHalliburton (HAL)34.4%Energy-5.3%$10,000$13,440
FebruarySolarEdge (SEDG)34.1%Information Technology-3.1%$13,440$18,023
MarchNielsen Holdings (NLSN)56.4%Industrials3.6%$18,023$28,188
AprilTwitter (TWTR)26.9%Communication Services-5.4%$28,188$35,771
MayAlbemarle (ALB)33.4%Materials-5.3%$35,771$47,718
JuneDollar General (DG)11.4%Consumer Discretionary-8.4%$47,718$53,158
JulyEnphase Energy (ENPH)45.6%Information Technology9.1%$53,158$77,398
AugustConstellation Energy (CEG)23.4%Utilities-3.5%$77,398$95,509
SeptemberBiogen (BIIB)36.6%Health Care-9.3%$95,509$130,465
Sources: IBD, S&P Global Market Intelligence
Follow Matt Krantz on Twitter @mattkrantz

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9 Stocks Turned $10,000 Into $130,465 In 9 Months (2024)

FAQs

How much money can you make from stocks in a month? ›

Well, there is no limit to how much you can make from stocks in a month. The money you can make by trading can run into thousands, lakhs, or even higher. A few key things that intraday profits depend on: How much capital are you putting in the markets daily?

How much was $10,000 invested in the S&P 500 in 2000? ›

$10,000 invested in the S&P 500 at the beginning of 2000 would have grown to $32,527 over 20 years — an average return of 6.07% per year.

What is the 10 year return of the stock market? ›

Stock Market Average Yearly Return for the Last 10 Years

The historical average yearly return of the S&P 500 is 12.68% over the last 10 years, as of the end of February 2024. This assumes dividends are reinvested. Adjusted for inflation, the 10-year average stock market return (including dividends) is 9.56%.

What is the 30 year return on the stock market? ›

Stocks were up 80% of the time over the past 30 years. The stock market was down double digits 4 times but up double digits in 19 out of 30 years. Four out of every 10 years the S&P 500 was up 20% or more. The best annual return was +37%.

How much do I need to invest to make $1000 a month? ›

A stock portfolio focused on dividends can generate $1,000 per month or more in perpetual passive income, Mircea Iosif wrote on Medium. “For example, at a 4% dividend yield, you would need a portfolio worth $300,000.

Can you make $1,000 a month with stocks? ›

The truth is that most investors won't have the money to generate $1,000 per month in dividends; not at first, anyway. Even if you find a market-beating series of investments that average 3% annual yield, you would still need $400,000 in up-front capital to hit your targets.

How to double 10K quickly? ›

How To Double 10K Quickly
  1. Flip Stuff For Money. One of the more entreprenurial ways to flip 10k into 20k is to buy and resell stuff for profit. ...
  2. Invest In Real Estate. ...
  3. Start An Online Business. ...
  4. Start A Side Hustle. ...
  5. Invest In Stocks & ETFs. ...
  6. Fixed-Income Investing. ...
  7. Alternative Assets. ...
  8. Invest In Debt.
May 1, 2024

How much can $10,000 make in stocks? ›

Assuming an average annual return rate of about 10% (a typical historical average), a $10,000 investment in the S&P 500 could potentially grow to approximately $25,937 over 10 years.

How long will it take for an $1000 investment to double in size when invested at the rate of 8% per year? ›

For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.

What is the safest investment with the highest return? ›

Overview: Best low-risk investments in 2024
  1. High-yield savings accounts. ...
  2. Money market funds. ...
  3. Short-term certificates of deposit. ...
  4. Series I savings bonds. ...
  5. Treasury bills, notes, bonds and TIPS. ...
  6. Corporate bonds. ...
  7. Dividend-paying stocks. ...
  8. Preferred stocks.
Apr 1, 2024

What stock pays the highest dividend? ›

10 Best Dividend Stocks to Buy
  • Verizon Communications VZ.
  • Johnson & Johnson JNJ.
  • Altria Group MO.
  • Comcast CMCSA.
  • Medtronic MDT.
  • Duke Energy DUK.
  • PNC Financial Services PNC.
  • Kinder Morgan KMI.
May 3, 2024

How much money do I need to invest to make $3,000 a month? ›

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

How much money do day traders with $10,000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

What is the lowest 20 year return on the stock market? ›

The worst 20 year return was a gain of less than 2% ending in 1949. This makes sense when you consider that period included the Great Depression and World War II. One of the neat things about the distribution of returns over 20 years is almost 90% of the time annual returns were 7% or higher.

What is a good yearly return on stocks? ›

A good return on investment is generally considered to be about 7% per year, based on the average historic return of the S&P 500 index, and adjusting for inflation.

Is investing $100 a month in stocks good? ›

A $100 monthly investment doesn't seem like a lot, but when you put this money into the market, it earns returns. If you earn 10%, in a year, your $100 initial investment would be worth $110.00. Next year, you would earn 10% not on $100, but instead on $110, so you'd end up with $121.00.

How many shares of stock to make $1,000 a month? ›

To have a perfect portfolio to generate $1000/month in dividends, one should have at least 30 stocks in at least 10 different sectors. No stock should not be more than 3.33% of your portfolio. If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1000/month.

How much to invest in stocks to get $500 a month? ›

To generate $500 a month, you might need to build your investments to $150,000. Taking out 4% each year would amount to $6,000, which comes to $500 a month.

How much money do I need to invest in stocks to make $3000 a month? ›

If you were to invest in a company offering a 4% annual dividend yield, you would need to invest about $900,000 to generate a monthly income of $3000. While this might seem like a hefty sum, remember that this investment isn't just generating income—it's also likely to appreciate over time.

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