The average stock in the Russell 1,000 fell 8.64% from September 18th through October 15th. Since the close on the 15th, the average stock in the index has rallied back 4.95%.
So which stocks have led the way higher? Below we have broken up the Russell 1,000 into deciles (10 groups of 100 stocks each) based on performance (%) during the market sell-off from 9/18 to 10/15. The "Best" decile contains the 100 stocks in the Russell 1,000 that did the best during the sell-off, while the "Worst" decile contains the 100 stocks in the index that did the worst during the sell-off. For each decile, we highlight the average performance of its stocks since the 10/15 low.
As shown, the stocks that held up best during the sell-off are up an average of just 2.42% since 10/15, while the stocks in the decile of worst performers during the pullback are up an average of 8.30%! There's a clear pattern in the chart -- the worse the stock did during the sell-off, the better it has done during the bounce.
Below is a list of the 40 stocks in the Russell 1,000 that are up the most since the current rally began on the 15th. For each stock, we also highlight how it performed during the 9/18 to 10/15 sell-off, as well as its current distance from its 50-day moving average.