These Top Stocks Are Leading The S&P 500 To New Highs In 2021

These Top Stocks Are Leading The S&P 500 To New Highs In 2021

Share to Linkedin Major stock market indexes are nabbing new record highs at an unprecedented pace this year as a slew of companies benefitting from trillions of dollars in government stimulus and the Covid-19 vaccine's rollout headline this year's best-performing stocks—here are the top 10 in the S&P 500. Shares of vaccine-maker Moderna have skyrocketed more than 270% this year. The S&P 500 climbed 0. 5% to an intra-day high of 4, 545 points Wednesday morning, setting the stage for its 54th closing record this year and lifting year-to-date gains to nearly 23%, already more than last year's 18% increase. Heading up the index's gains this year, shares of Moderna have skyrocketed 273% as the biotech firm eyes record revenue of $20 billion in 2021 (up 2, 400% from 2020) thanks to its production of Covid-19 vaccines, which have been administered about 180 million times in the U. S. since late December. Steel producer Nucor and green-energy firm Generac have surged 121% and 92%, respectively, leading a crop of industrial stocks climbing in anticipation of Congress' lofty plans for infrastructure investments, including $110 billion for roads, bridges and transportation in addition to $150 billion for clean energy initiatives. The possibility