The year 2015 had been a flat year as far as the stocks were concerned. But there were so many reasons to be endured, enjoyed and excited about for the year’s biggest losers and winners.
The year also witnessed the old and conservative industries shudder due to their dismissal performances.
Neflix (NASDAQ: NFLX) had an impressive performance of 134 percent and witnessed greatest gain as far as S&P 500 is concerned. In fact, its excellent results made the company more influential than CBS which an old and established organization in media.
On the other hand, the year also saw Amazon (NASDAQ: AMZN) performing much better than conventional retailers such as Wal-mart and Macy’s. The results of companies that are dealing with materials and energy got affected due to lack of proper demand though there were abundant supplies. Chesapeake Energy was one of the biggest losers and was down by seventy-seven percent last year.
Apple is the largest publicly traded organization of the world and yet had not an impressive performance for the first time since the year 2008. The Nasdaq composite that has a majority of technology corporate witnessed a relatively good 5.7 percent.
Here are the stories of some of the biggest owners of the stock market in 2015.
Netflix had a turnaround for another year
It is not that Netflix enjoyed its business success for the first time in 2015. It was the number 1 gainer in 2010, as well as, 2013. Its billing had tripled in terms of value during both the years.
But its performance in 2015 gave it a stronger foothold in the world of new age media-based companies as it went ahead of organizations like Time Warner and CBS. Its streaming entertainment service is used by over sixty-nine million customers at the end of the 3rd quarter of 2015. The company has recently declared that it will make its service available in over 200 nations by the end of 2016.
Amazon, a major giant in E-commerce recently celebrated its twentieth anniversary. It excellent business results led to the investors to go into a buying mode. The company was the second largest gainer for the year 2015 and was up by a whopping 118 percent. Amazon is on its way to earn over 100 billion USD in terms of revenue in 2015. It is tipped to earn more profits at a higher frequency despite incurring loss in the year’s first quarter.
After its magnificent performance, its market value surpassed that of its arch rival Wal-Mart. The latter’s stock dipped by 29 percent last year and that resulted in Wal-Mart having the most terrible year since way back in 1974.