The Fortune 500 list is a prestigious ranking that holds significant weight in the financial world, showcasing the top companies in the United States based on revenue. To determine which companies have experienced the largest stock price gains this year, we examined the top and bottom 20 companies on the list.
Among the top 20 Fortune 500 companies, Costco Wholesale, McKesson, Berkshire Hathaway, Microsoft, and Cigna Group have seen substantial rises in their stock prices in terms of dollar amount. Costco Wholesale leads the pack with an increase of $297.40, followed by McKesson with $96.17. When viewed in terms of percentage increase, Costco Wholesale also takes the top spot with a 58.03% rise, followed by Alphabet, Walmart, Valero Energy, and McKesson.
Interestingly, CVS Health, UnitedHealth Group, Cardinal Health, Home Depot, and Ford Motor are the only companies in the top 20 whose stock prices were higher in early January than they are currently.
On the flip side, the bottom 20 companies on the Fortune 500 list, while not generating as high revenue as their top-ranked counterparts, have also experienced stock price gains. Watsco, Vulcan Materials, KKR, Skechers U.S.A., and Bath & Body Works have seen the most significant rise in their stock prices in terms of dollar value. KKR leads in percentage increase, followed by SVB Financial Group, Bath & Body Works, Skechers U.S.A., and Vulcan Materials.
Despite their lower revenue generation, the bottom 20 companies on the Fortune 500 list are also making strides in the stock market, showcasing a diverse range of companies experiencing growth in their stock prices.
