It has been a good summer for the S & P 500 , even when accounting for the August slump. This summer has brought another quarterly earnings season ; one interest rate hike and one skip ; and some renewed banking fears. Despite a recent pullback as investors take some profit in August, the market has continued to edge higher through it all. The broad index up about 4.2% since Memorial Day.
Pro screened for the 10 best performers in the period. All data, which is from FactSet, is current as of Friday's close. Cruise stock Carnival has led the index higher, jumping more than 30% this summer. In late June, the company reported a smaller losses per share than expected and revenue that beat the consensus estimate of analysts polled by FactSet for the second quarter. Carnival also raised its full-year guidance on both lines.
analyst Jake Fuller upgraded the stock to buy from neutral a day after the report, citing a recovery in its Tinder app. "MTCH is a dominant category leader with a strong margin profile and modest valuation," Fuller said. — 's Michael Bloom and Fred Imbert contributed to this report