A year ago, stocks were halted as a rush of selling triggered circuit breakers. On March 16, 2020, the Dow Jones Industrial Average finished down nearly 3,000 points, or 12.93%, to 20,186, the S&P 500 fell 11.98% and the Nasdaq slid 12.32%.
The coronavirus pandemic sparked a selloff in the stock market that day but also created several stay-at-home stocks that benefited from the lockdowns put in place to control the spread of the virus.
Jim Cramer in May 2020 created a COVID-19 Index - stocks with businesses that could perform well under the conditions presented by the coronavirus pandemic.
Here are some of the best stocks in the past year by their performance in price change on March. 16, 2021.
1. Amazon | Increased +1,432.96
Amazon's business was perfectly set up for the stay-at-home orders last year and the business thrived during lockdowns. TheStreet recently looked at how to trade shares of Amazon (AMZN) - Get Report as the Action Alerts PLUS holding continues to rise.
2. MercadoLibre | Increased +1,129.176
MercadoLibre announced the closure of its debt offering earlier this year and has fallen more than 3% year to date.
3. Alphabet | Increased +1,018.20
TheStreet looked at the charts to see how investors should trade Alphabet in February.
4. Chipotle Mexican Grill | Increased +934.18
McDonald's released a new chicken sandwich as it seemed every fast-food chain was adding their version to its menu. But Cramer was looking at another fast-food name that investors should buy: Chipotle Mexican Grill (CMG) - Get Report.
5. Shopify | Increased +853.38
Shopify (SHOP) - Get Report was one of the top stocks that just missed the cut for TheStreet's 10 best stocks picked by Real Money experts. The ARK Innovation holding has risen more than 7% year to date.
6. MicroStrategy | Increased +635.71
MicroStrategy (MSTR) - Get Report is a stock Cramer has told viewers to buy this year during his Lightning Round segment on "Mad Money." MicroStrategy has been riding the bitcoin wave to new heights in 2021 as it continues to invest in the cryptocurrency coin.
7. Trade Desk | Increased +617.01
Trade Desk (TTD) - Get Report beat estimates this past February when it reported its fourth-quarter results. The stock was falling in early March and was considered a stock that could be a buy-the-dip candidate.
8. Tesla | Increased +610.24
Tesla (TSLA) - Get Report is the leading electric-vehicle maker in the stock market. Elon Musk's company took home the top Stock of the Year honors in 2021 as it benefited from the transition to energy-efficient cars by consumers.
TheStreet provided an alternative to Tesla if you're looking to invest in an electric-vehicle stock.
9. Nvidia | Increased +342.62
Semiconductors, like Nvidia (NVDA) - Get Report, were raging higher this past week as the tech sector finally busted out of its slump. TheStreet looked at the charts to see how investors should trade the Action Alerts PLUS holding after the sector bounced back.
10. Lam Research | Increased +338.75
11. ASML Holding | Increased +320.49
12. Twilio | Increased +313.39
13. Roku | Increased +297.32
14. Broadcom | Increased +286.97
15. Deere & Company | Increased +253.29
Cramer talked about Deere in late February. The stock has risen more than 39% year to date and Cramer said Deere is a "great company".
16. Carvana | Increased +249.51
17. Zoom Video Communications | Increased +243.81
18. ServiceNow | Increased +240.96
19. Netflix | Increased +230.89
20. Novavax | Increased +221.65
Novavax (NVAX) - Get Report was one of the top candidates to buy-the-dip after the first week of March. The COVID-19 vaccine maker announced this past week that its vaccine candidate has an 86.3% efficacy rate against the U.K. variant.
21. Square | Increased +210.29
22. Goldman Sachs | Increased +185.03
23. GameStop | Increased +183.14
GameStop (GME) - Get Report shot up from $172 to more than twice that at $348.50, prompting several trading halts this past Wednesday. Shares of GameStop are retreating in trading Tuesday.
GameStop took the investing world by storm earlier this year. Cramer urged investors to have an exit plan and proceed with caution if they're buying shares at the levels they reached.
24. Etsy | Increased +180.72
25. Baidu | Increased +174.05
All stock prices are referenced and pulled from Yahoo Finance while rankings were pulled from Barchart.com.