2013 was a great year for stocks, pretty much across the board. Though small cap securities led the way higher, large caps also had a banner year as well.
And while large cap benchmarks like the S&P 500 and the DJIA both added more than 20% on the year, a few big stocks managed to trounce this level and double—or more– on the year. In fact, a handful of large cap stocks— those with over $10 billion in market cap—saw phenomenal returns in 2013 with three experiencing moves higher of more than 230% in the one year time frame.
Obviously, these incredible performances stole the show in the market, and many of the top stocks were among the most talked about securities of the year.
For investors curious on which companies were the large cap all-stars of 2013, we have highlighted the 3 best stock performing large cap firms of the year below (though it is important to note that some didn’t start the year as large caps, but certainly finished 2013 in the above $10 billion market cap camp), and some of the key reasons behind their success: