Weekly Review | 11-17 Nov 2023

November 20, 2023by Anton Tryhubchenko

Over the past 3 months, the S&P 500 Index has fallen by -1.1%. However, Information Technology (+7.3%) та Communication Services (+3.5%) sectors performed better.

Among the industries, the best performers over the period were Software (+12.1%), and Semiconductors & Semiconductor Equipment (+9.8%). Among the companies, the best performers over the period were Progressive (+25%), NRG Energy (+24%) and Synopsys (+21%).

The data in the quarterly reports indicate that an investment in Progressive will pay off in 26 years. NRG Energy in 100 years. And Synopsys in 46 (we are looking at a company’s ability to generate revenue today – everything can change in the future).

* We remind you: the above information is not an investment recommendation. After the material was published, the market situation could have changed significantly. You can always get the actual ratings on the Inves.Top.

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