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Tech companies lead the Wall Street rises in the last 30 years | Markets

30 years ago, Amazon did not exist. It wasn’t until 1994 that the American digital commerce giant began to take its first steps. Despite this, it is the third company in the S&P 500 that has appreciated the most in these three decades, with a rise of 161,000%.

His business began in 1995, with the sale of books, and two years later a price of $ 18 per share debuted on Wall Street, a far cry from the current almost 3,200. In fact, the firm touched in 2018 a trillion dollars of market capitalization, the second American company to do so after Apple, a level that it finally reached in February 2020.

In this list of the companies with the best performance in these 30 years, technology firms predominate. The winner is Monster Beverage Corporarion, the manufacturer of energy drinks such as Monster or Burn, which adds a revaluation close to 299,000%. It is followed in second place by Jack Nenry & Associates, a payment processing technology and services company for the financial services industry founded in 1976, which is up 226,400% in the period. Farther away are, however, companies that would be expected to occupy the top positions, such as Apple or Microsoft.

The apple firm was created in 1976 although its first successes did not arrive until well into the eighties with the first Macs. Popularity increased in 2001, with the launch of iTunes to combat online piracy in the field of music and, six years later, with the landing of the first iPhone. The company founded by Steve Jobs occupies the fourteenth place on the list with a rise of 41,400% in these three decades, although it is the first company in the United States that has reached a capitalization of two trillion dollars.

On the other hand, Microsoft, its main competitor in the computer business, is in twenty-first place, with an increase of 32,900%. The firm founded by Bill Gates has already surpassed the threshold of one billion dollars of capitalization.

Above them in the ranking is Netflix, representing the change in the way of consuming entertainment in recent years and which has experienced a boom during the pandemic – its shares totaled 67% in 2020-. Although the company has grown in popularity in recent years, its origins date back to 1997, when its business focused on DVD rental by mail. It was not until 2007 when it entered the video-on-demand service over the internet.

However, the companies that have performed the best since 1991 include other sectors as well. In fourth place, with a revaluation of around 145.300%, is the transportation holding company Kansas City Southern. It is followed by Ross Stores, an American chain of discount department stores. Also among the highest positions are Idexx Laboratories, a multinational dedicated to the development, manufacture and distribution of products and services for animals, or Pool Corporation, a world leader in the distribution and equipment of swimming pools and spas.

2020 winners

  • Tesla. After the numerous doubts that have haunted the Tesla business, it seems that the company is beginning to gain the confidence of investors. The electric vehicle manufacturer accumulated a revaluation of 743% in 2020, which has led it to form part, since last December 21, of the S&P 500 index. With this rise, it is at the top of the selective.
  • Technology and online commerce. Technology and online commerce companies also led the S&P 500 in 2020. Thus, in second place was the energy technology company Enphase Energy, with an increase of 570%, followed by Etsy, dedicated to online sales, which added 300%. Nvidia and PayPal were in fifth and sixth place, with increases of around 120%.



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