A Look at the Patterns for 1997's Winners and Losers

by Richard Evans

A Look At The Patterns For 1997's Winners And Losers Splash image

The year 1997 will go down in the record books in several ways. Not only did the major market indexes move into uncharted waters, but also it was the third year in a row that the Dow Jones industrial average rose 20% or better, an achievement never done before.

However, one market phenomenon that occurred in 1997 occurs every single year—some of the best gains in individual stocks came from those that were low-priced (from below $20 to below $5).

Table 1 lists the top 10 New York Stock Exchange winners for 1997.

...To continue reading this article you must be registered with AAII.

Gain exclusive access to this article and all of the member benefits and investment education AAII offers.
JOIN TODAY for just $29.
Log in
Already registered with AAII? Login to read the rest of this article.

Register for FREE
to read this article and receive access to future articles.


No comments have been added yet. Add your thoughts to the discussion!

You need to log in as a registered AAII user before commenting.
Create an account

Log In