The average stock in the large-cap Russell 1,000 rose 9.77% in November. There were 38 stocks in the index that gained more than 30%, 14 that gained more than 40%, and seven that gained more than 50%.Below are the 30 stocks that rose the most in November. For each name, we also include its market cap, its year-to-date total return, its distance from its 52-week high, and its short interest as a percentage of float. As shown, buy-now-pay-later company Affirm (AFRM) was up the most in November with a huge gain of 95.4%, followed by streaming company Roku (ROKU), crypto-trading platform Coinbase (COIN), and digital payments company Block (SQ). Are we back in late 2020/early 2021??Other notables on the list of big winners include Gap (GPS) with a gain of 56.8%, Expedia (EXPE) at 42.9%, Generac (GNRC) at 39.25%, and Palantir (PLTR) at 35.47%.
Below we’ve expanded the universe to show the top-performing stocks in the Russell 3,000 in November. The Russell 3,000 includes all of the stocks in the large-cap Russell 1,000 and small-cap Russell 2,000.As shown, four stocks in the Russell 3,000 rallied more than 100% in November: Rocky Brands (RCKY), Bluegreen Vacations (BVH), Sight Sciences (SGHT), and TransMedics (TMDX). Rocky Brands is a $210 million market cap retailer that sells heavy-duty boots and other apparel. Bluegreen Vacations is a timeshare company. Sight Sciences creates medical devices and procedures for the eyes. And finally, TransMedics makes unique medical devices built to take care of organs during the transplant process.
Before we go, below is a look at the stocks that have gained the most in market cap so far in 2023. Amazingly, there are twelve stocks that have gained more than $100 billion in market cap this year, six have gained more than $500 billion, and one — Microsoft (MSFT) — has gained more than $1 trillion!
More By This Author:Bear’s Unprecedented Drop
Continuing Claims Brutal Rise Continues
Mega-Cap AI Mentions Explode Thanks To Nvidia
