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Stock Markets Sink, but These 2020 Stock Winners Look Good for the New Year


New Year's celebrations are likely to look a lot different this year than most, as many people heed warnings to steer clear of mass gatherings during the global COVID-19 pandemic. Wall Street also seems to have had some cold water thrown on what was otherwise an extremely strong year for the stock market, as major market benchmarks are down at midday on New Year's Eve. As of noon EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 39 points to 30,370. The S&P 500 (SNPINDEX: ^GSPC) lost 3 points to 3,729, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) eased lower by 36 points to 12,834.

Yet even with the markets losing ground, several of the year's best-performing individual stocks kept up their momentum. Shares of Fulgent Genetics (NASDAQ: FLGT) and Celsius Holdings (NASDAQ: CELH) have already soared in 2020, but investors were willing to put more money to work and send their share prices still higher on the final day of the year.

FLGT Chart

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Source Fool.com

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