Best Performing Stocks in 2016

What Stocks Worked Best Under Obama in 2016

Sectors & Industries

Top Performing Stocks 2016

As 2016 came to a close, several stocks emerged as the best performing under Obama's administration. These best stocks of 2016 delivered remarkable returns, making them the "best performing stocks of 2016."

Here's a rundown of the top performers:

  1. Advanced Micro Devices (AMD): Leading the pack with a huge 309.39% return, AMD benefited from surging demand in the tech sector.
  2. NVIDIA (NVDA): With a 233.84% gain, NVIDIA capitalized on the growing needs for advanced graphics processing units.
  3. ONEOK (OKE): This energy company saw its stock rise by 149.62%, driven by favorable market conditions and regulatory support.
  4. Targa Resources (TRGP): Another energy player, TRGP, increased by 137.12%, thanks to strategic expansions and rising energy prices.
  5. Steel Dynamics (STLD): The steel manufacturer saw a 106.35% jump, due to the administration's focus on infrastructure.

Other Noteworthy Stock Performers

  • Freeport-McMoRan (FCX): 99.85%
  • Newmont Mining (NEM): 85.44%
  • Applied Materials (AMAT): 79.81%
  • Nordson (NDSN): 78.62%
  • Danaher (DHR): 77.08%
  • Quanta Services (PWR): 74.51%

These stocks were driven by sector-specific catalysts and broader economic policies favoring industrial growth and technological advancements.

Why These Stocks Performed Best

The best performing stocks shared several common characteristics:

  • Regulatory Environment: Favorable regulations and policy decisions gave life to sectors like energy and manufacturing.
  • Technological Innovation: Companies in the tech and semiconductor industries seized the opportunity for rapid growth in demand for new technologies.
  • Infrastructure Focus: Obama's infrastructure stance benefited materials and industrial companies.

Investment Insights

For investors looking to replicate the success of these best performing stocks of 2016, it's important to:

  • Stay Informed: Follow regulatory changes, market trends, and events affecting stocks and options using AI tools like LevelFields.
  • Diversify: Spread investments across high-performing sectors. Avoid overconcentration in one stock.
  • Innovate: Invest in companies bringing technological advancements to legacy, industrial sectors, as the double tail-wind of favorable policy and innovation will lead to great gains than for older companies unwilling to embrace change

How to Find the Best Stocks in 2024 and the Best Stocks for 2025

The best stocks of 2016 did not include a correlational analysis. So some of the gains may have been coincidence. tIn order to find the best stocks in 2024 and the best stocks for 2025, it's wise to spend a little money on tools to help identify catalysts for companies. These can be AI tools like LevelFields, which locates events proven to drive share prices or stocks screeners on your brokerage system.

The problem was traditional stocks screeners for finding the best stocks in 2024 is that the search is static - it's a one time search and to keep up with changes to the market and changes affecting stocks, you would need to run the screen at least weekly. An alternative to running 52 stocks screens is to sign up for an AI system that provides AI search agents which can perform these searches automatically and notify you of the findings.

Often, when searching for the best stocks of 2024 or the best stocks of 2025, you will run into articles professing the author has found a stock that will be "23 times bigger than Amazon." Do not fall prey to these marketing tactics as they prey on people's curiosity and hopefulness but will never deliver on that promise.

Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.

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