There are a great many factors that can influence a stock’s share price, including earnings, valuation, contracts, partnerships,
innovation, management and competition. Sporting events typically aren’t one of those factors.
However, with the extremely important caveat that correlation is not causation, Schaeffer
Research took a fun look at which stocks have performed best in years following the four previous New England Patriots Super Bowl victories.
According to Schaeffer, Monster Beverage Corporation (NASDAQ: MNST) investors should have been cheering on Tom Brady’s historic comeback
more than anyone else on Wall Street. Monster has delivered positive returns in each of the last four Patriots championship years,
averaging an annual gain of 144 percent in those years.
For Fun, Focus On These 5
In addition to Monster, Schaeffer ranked all of the top-performing Patriots stocks in order of their post-Super Bowl
performances:
- Monster Beverage +144 percent.
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Cognizant Technology Solutions Corp (NASDAQ: CTSH) +48 percent.
-
Aetna Inc (NYSE: AET) +40 percent.
-
Express Scripts Holding Company (NASDAQ: ESRX) +36 percent.
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People’s United Financial, Inc. (NASDAQ: PBCT) +27 percent.
All five of the stocks listed above have produced gains during each of the past four Patriots championship years.
Of the five stocks, all but Aetna were up in Monday trading on a relatively weak day for the market.
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