The November results of the U.S. stock market were announced, detailing the best and worst constituent stocks of the three major indexes | Anue Juheng-U.S. Stock Radar

U.S. stocks ended a strong month on Thursday (30th),Dow Jones Industrial Average November recorded the largest monthly gain since October 2022, while S&P 500 Exponential sumNasdaq Composite IndexBoth recorded the largest monthly gains since July 2022.

Here’s a breakdown of the best and worst-performing stocks on the three major indexes in November:

Dow Jonesindustrial average

Salesforce (the global leader in cloud customer relationship management software)CRM-US) rose 25% in November, isDowThe top-performing component also had its best month since January.

Salesforce reported third-quarter profit, revenue and guidance after the bell on Wednesday that beat Wall Street expectations. While it’s been hit by weakness in some parts of the economy, causing customers to continue to cut back on spending to save costs, Salesforce said customers have become more optimistic about the future.

Cisco Systems (CSCO-US) fell 7.2% in November toDowIt was the worst-performing component of the index and had its worst monthly performance since April.

Cisco said at the beginning of the month that new product orders would slow down in the first quarter of fiscal 2024 due to unusually strong product deliveries in the past three quarters, and its stock price fell in response.

S&P 500 index

Online travel company Expedia (EXPE-US) topped the index in November with a 42.9% gain and had its strongest monthly performance since April 2009. The stock has soared 55% so far this year.

Automated insulin technology developer Insulet (PODD-US) ranked second with a gain of 42.6%, the stock’s best month since December 2008, but the stock is still down about 36% so far this year.

Insulet reported solid financial results on November 2, giving investors reason for optimism. Due to increased market demand, the company’s third-quarter profits and revenue not only exceeded Wall Street expectations, but also soared compared with the same period last year. Insulet also raised its revenue growth forecast for the current fiscal year.

Some are happy and some are sad, Paycom Software (PAYC-US) ranked last in the index with a 26% decline, marking the stock’s worst month since March 2020.

Paycom on October 31 lowered its full-year revenue forecast to a level below Wall Street expectations.

Nasdaq 100 index

Multinational business group Pinduoduo Holdings (PDD Holdings) (PDD-US)’s ADR surged 45% in November, ranking first in the index, beating Datadog ( which rose 43%DOG-US). (Datadog has its best monthly performance since May 2020)

Security software supplier Datadog released its financial report at the beginning of the month. Not only did its profits exceed expectations, but it also raised its sales forecast for this fiscal year. The company’s number of customers and annual recurring revenue also increased from the previous year.

Chief Financial Officer David Obstler expects that customers will continue to grasp costs, but the extent has slowed and is not as strong and widespread as in recent quarters.

Fortinet is NovemberNasdaq The worst performing stock in the 100 index, down 8.1%.