This past year has been tough for stocks: the S&P 500 is down more than 10%, the Nasdaq 100 down more than 18%. But, not every stock is down. A lot of energy stocks have been performing well, especially with the Russian invasion of Ukraine tightening supply throughout the world.
Alpha Metallurgical Resources Inc AMR is a smaller coal company with a market cap of around $2.5 billion. The company’s stock has skyrocketed throughout the last year, up more than 400%. Last July, the company’s stock was trading around $24 a share. Today, shares are trading around $143.
In fact, Alpha Metallurgical has outperformed essentially every other stock in the market, including retail favorites Tesla Inc TSLA, Apple Inc AAPL, Microsoft MSFT, Google Inc GOOG and more.
Here’s how the returns break down from July 2021 to July 2022.
Tesla’s stock is up 24% in the last year, going from $657 a share to $816.
Apple’s stock is up 3% in the last year, going from $149 a share to $153.
Microsoft’s stock is down around 10% in the last year, going from $289 a share to $258.
Google’s stock is down 18% in the last year, going from $138 a share to $109 (split adjusted).
And… finally, Alpha Metallurgical’s stock is up 495% in the last year, going from $24 a share to $143 today.
Sometimes it pays to find companies that no one else is looking at.
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