These are the 10 best-performing stocks since the market bottomed 1 year ago today

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The stock market marks its one-year bull market anniversary today, marked by the official bottom amid the onset of the COVID-19 pandemic.

Stocks had staged the fastest bull market in history after peaking on February 19, 2020, falling more than 20% in just 16 days. The S&P 500 ultimately fell as much as 34% as investors grappled with the uncertainty related to stay-at-home orders that swept across the country.

Since then, the S&P 500 has surged 76% from its bottom, marking the strongest start to a bull market on record, according to LPL.

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The swift recovery in stocks was driven by unprecedented fiscal and monetary stimulus, as well as better-than-expected earnings from technology companies that saw a surge in business due to the pandemic. More recently, cyclical stocks that are poised to benefit from a reopening of the economy have helped the stock market continue its bull run.

Read more: MORGAN STANLEY: Buy these 10 stocks quickly that will roar higher as M&A heats up – including one with a potential upside of 114%

These are the 10 best performing S&P 500 stocks since the index closed at a low of 2,237.40 one-year ago today.

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10. MGM Resorts International

Ticker: MGM
1-YR Performance: 328%

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9. United Rentals

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Ticker: URI
1-YR Performance: 344%

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8. L Brands

Ticker: LB
1-YR Performance: 514%

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7. Enphase Energy

Ticker: ENPH
1-YR Performance: 520%

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6. Freeport-McMoRan

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Ticker: FCX
1-YR Performance: 534%

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5. Etsy

Ticker: ETSY
1-YR Performance: 594%

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4. Tesla

Ticker: TSLA
1-YR Performance: 684%

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3. ViacomCBS

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Ticker: VIAC
1-YR Performance: 738%

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2. Caesars Entertainment

Ticker: CZR
1-YR Performance: 747%

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1. Penn National Gaming

Ticker: PENN
1-YR Performance: 1,055%

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