USA Today ran a story recently highlighting 10 S&P stocks with the biggest percentage gains since the last market high. This kind of story is backward looking. "Hey, you would be ahead xx% if you bought these names a year ago." Thanks. Let's look at the charts and indicators of these top-10 picks and see what the future might bring.
Cablevision Systems (CVC) is the tenth, and last, name on the list. (Click here for Part 9 of this series, on Digital Realty Trust).
CVC was a top performer since the last market peak, according to USA Today.
But because it is likely to be acquired by Altice NV, the telecoms group buying Cablevision Systems Corp., it will not outperform once the deal closes.