The start of 2019 was interesting because the stocks had just finished the worst year of the decade. January saw some significant cost cuts from major companies, but by the end of the year, the stock was up to 28.5%, which was deemed the second-best year after 1998.
Markets fluctuated throughout the year, which caused the stocks to fluctuate as well. During that fluctuation, many markets sustained its integrity while others came out as losers of the year. Few markets that were the top-performing of the year were:
Semiconductors – despite the odds and the sales expected to go down by 12%, the semiconductor market took everyone by surprise as the stocks rose in 2019.
Aerospace – it was a good year for the aerospace market, and top companies like Lockheed Martin, Raytheon, and United Technologies came out on top.
Credit services – thanks to the technological advancements, we may no longer need cash because credit services killed the market in 2019.
Oil – the oil industry fluctuates continuously, but 2019 is a year that the oil companies will want to forget soon.
Wireless communications – while credit services topped the markets this year, few technologies failed as well. Wireless communication had a bad run in 2019 despite the anticipation around 5G.
Telecom – foreign telecoms didn’t make a good impression in 2019 as the dominant US dollars played a part is not much of the currency being bought.
For more details about the markets and those who won and who lost last year, here is a detailed infographic.
Infographic by: visualcapitalist.com