(Updates story with year-end closing prices and consensus price targets.)
The COVID-19 economy has been brutal for millions of people who have been directly affected, through illness and loss of family members and friends, but also though lost jobs, destroyed businesses and disrupted careers. The stock market has been a different story: Unprecedented stimulus efforts of the federal government and Federal Reserve have sent it soaring.
Some of the best-known stock-market winners of 2020 are companies with innovative technology and services that businesses and consumers have relied on for remote access. Yet many arenâ€™t yet included in the S&P 500 Index the part of the market tracked by most of the money invested in low-cost index funds, including the SPDR S&P 500 ETF Others, while part of the Nasdaq Composite Index arenâ€™t yet included in the Nasdaq-100 Index which is tracked by the Invesco QQQ Trust ETF Â
SPY rose 16% in 2020, while QQQ surged an incredible 48%.
This list doesnâ€™t include Tesla Inc. whichÂ was added to the S&P 500 on Dec. 21; the electric car makerâ€™s shares had soared 731% by then.
Video: DOW, S&P 500 close 2020 at all-time highs (FOX News)
Click here for more about Tesla and lists of the best-performing stocks of 2020 from among the S&P 500, Dow Jones Industrial Average Â and Nasdaq-100 Index
Here are 15 stocks that soared during 2020 but arenâ€™t included in the broad S&P indexes or the Nasdaq-100:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
|Company||Ticker||Â IndustryÂ||Price change – 2020||Market capitalization ($ millions)|
|Â Cloudflare Inc. Class AÂ||Â Information Technology ServicesÂ||345%||$18,135|
|Â Zscaler Inc.Â||Â SoftwareÂ||329%||$27,014|
|Â CrowdStrike Holdings Inc. Class AÂ||Â SoftwareÂ||325%||$39,593|
|Â Pinterest Inc. Class AÂ||Â Internet Software/ServicesÂ||254%||$34,299|
|Â Square Inc. Class AÂ||Â Information Technology ServicesÂ||248%||$84,836|
|Â Twilio Inc. Class AÂ||Â SoftwareÂ||244%||$49,030|
|Â Trade Desk Inc. Class AÂ||Â Advertising/Marketing ServicesÂ||208%||$34,314|
|Â Zillow Group Inc. Class CÂ||Â Information Technology ServicesÂ||183%||$21,640|
|Â Carvana Co. Class AÂ||Â Specialty StoresÂ||160%||$17,669|
|Â Wayfair Inc. Class AÂ||Â Internet RetailÂ||150%||$16,795|
|Â Roku Inc. Class AÂ||Â Electronics/AppliancesÂ||148%||$36,918|
|Â Teladoc Health Inc.Â||Â Hospital/Nursing ManagementÂ||139%||$29,510|
|Â RingCentral Inc. Class AÂ||Â SoftwareÂ||125%||$30,782|
|Â Spotify Technology SAÂ||Â Internet Software/ServicesÂ||110%||$59,731|
|Â Veeva Systems Inc. Class AÂ||Â SoftwareÂ||94%||$37,647|
Scroll the table to see all the data.
You can click on the tickers for more about each company, including profiles, news coverage, price ratios and charts.
Hereâ€™s a summary of Wall Street analystsâ€™ opinions about these stocks after such remarkable gains:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
|Company||Ticker||Share ‘buy’ ratings||Share neutral ratings||Share ‘sell’ ratings||Closing price – Dec. 31||Consensus price target||Implied 12-month upsideÂ potential|
|Â Cloudflare Inc. Class AÂ||81%||19%||0%||$75.99||$72.60||-4%|
|Â Zscaler Inc.Â||52%||44%||4%||$199.71||$187.55||-6%|
|Â CrowdStrike Holdings Inc. Class AÂ||75%||20%||5%||$211.82||$189.84||-10%|
|Â Pinterest Inc. Class AÂ||64%||32%||4%||$65.90||$69.46||5%|
|Â Square Inc. Class AÂ||57%||34%||9%||$217.64||$217.66||0%|
|Â Twilio Inc. Class AÂ||78%||15%||7%||$338.50||$366.70||8%|
|Â Trade Desk Inc. Class AÂ||42%||53%||5%||$801.00||$751.44||-6%|
|Â Zillow Group Inc. Class CÂ||48%||39%||13%||$129.80||$130.20||0%|
|Â Carvana Co. Class AÂ||62%||38%||0%||$239.54||$241.95||1%|
|Â Wayfair Inc. Class AÂ||45%||39%||16%||$225.81||$304.08||35%|
|Â Roku Inc. Class AÂ||59%||33%||8%||$332.02||$275.67||-17%|
|Â Teladoc Health Inc.Â||60%||40%||0%||$199.96||$242.78||21%|
|Â RingCentral Inc. Class AÂ||96%||0%||4%||$378.97||$364.13||-4%|
|Â Spotify Technology SAÂ||47%||33%||20%||$314.66||$288.57||-8%|
|Â Veeva Systems Inc. Class AÂ||65%||26%||9%||$272.25||$308.43||13%|
Analysts have majority â€œbuyâ€ or equivalent ratings on 11 of these 15 stocks; however, most of the stock have gotten ahead of the consensus price targets. These price targets are usually for 12 months, so it is clear the analysts are confident for many as longer-term plays, despite valuations that appear lofty for the short term.