These 20 stocks performed the best over the first 100 days of Biden’s presidency

(Updates story with closing prices through April 30, President Biden’s 100th day in office.)

Joe Biden had a spectacular run – especially on the stock market. Friday was his 100th day in office.

During the new president’s first 100 days in office, the Dow Jones Industrial Average was
DJIA, -0.54%
rose 8.6% and the S&P 500 index
SPX, -0.72%
advanced 8.5%.

Best performance in the S&P 500

Here are the 20 stocks in the S&P 500 that have seen the highest total returns (with dividends reinvested) since Biden took office on Jan. 20. A second column shows the returns since election day (November 3, 2020):

Those are excellent returns. From November 3, the S&P 500 rose 24.1% through April 30.

By the end of Election Day, the S&P 500 had recovered 51% from its coronavirus pandemic low on March 23, 2020. However, by 2020 it had only increased by 4%.

Hence, some of the companies on this list must be considered recovery games, especially retailers like Gap Inc.
GPS, -2.22%
and L Brands Inc.
LB, -1.13%

Nasdaq-100

The Nasdaq Composite Index
COMP, -0.85%
rose 3.8% over Biden’s first 100 days. The Nasdaq-100 Index
NDX, -0.78%,
The company, which includes the 100 largest non-financial companies on the entire Nasdaq, rose 4.2%. This index is tracked by the Invesco QQQ Trust ETF
QQQ, -0.66%.

Here are the top 20 Nasdaq 100 performers during Biden’s first 100 days in office:

Also Moderna Inc.
MRNA, + 1.79%
receives the Nasdaq 100 price for Biden’s first 100 days. The Covid-19 vaccine developer’s inventory has increased 159% since Election Day.

In case you’re wondering, shares of Tesla Inc.
TSLA, + 4.79%
fell 17% during Biden’s first 100 days, the fifth worst performance on the Nasdaq-100. The worst performance on the Nasdaq-100 during Biden’s first 100 days was Peloton Interactive Inc.
PTON, -0.56%,
that was a decrease of 37%.

Do not miss: Have you held any of these 20 stocks long term? Your current dividend yield might surprise you

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