The first half of 2021 in the United States was memorable. More major events happened in the first 100 days than in many previous years, with roughly 38 significant things happening. The first half of the year saw a lot of change, but there were financial successes, too.
The Nasdaq reported the United States had one of its best 1st half performances, with the S&P index gaining over 14%. According to the exchange, first-half gains of this size are promising because, typically, they lead to gains in the second half; thus, people should capitalize on this reality— more information on how can be found in the article.
The stock market fluctuates, so it’s hard to say whether the second half of 2021 will see gains of a high magnitude like in the first half. That said, we can explore in more detail the 2021 year-to-date (YTD) stock performance by industry in the United States. Examining these things can give insight into which sectors may see an encouraging second half.
2021 YTD Best Performing Stocks
According to CSIMarket, the best 2021 YTD performing sectors, as of July 27, 2021, include the energy, services, and technology sectors. CSIMarket provides financial analysis and you can read more about this year’s performance at CSIMarket.com. For now, we will explore the stock performance by industry within each sector.
The United States has deep roots in energy (coal, oil, etc.), dating as far back as the 1700s. For instance, coal was first discovered in Virginia in 1701, while oil was discovered in Pennsylvania in 1859.
The energy sector is up 32.41% YTD, with coal mining and oil and gas production both among the best performing industries within the sector. The coal mining industry is up 60.88% YTD, with Peabody Energy Corporation and Cnx Resources Corporation seeing gains. The oil and gas production industry has seen YTD gains of 48.51%.
The media and entertainment services sector in the United States is broad. Industries include the advertising industry, the broadcasting media industry, and the casinos and gaming industry. The services sector is up 19.31% YTD. Broadcasting media is up 1.58% YTD, with Comcast Corporation seeing gains of 15.76%. Comcast could see additional growth, considering it partnered with Roku, Inc. ahead of the 2020 Tokyo Olympics — information on the deal can be found on Yahoo.com.
The casinos and gaming industry is also up YTD (2.87%), which does not come as a surprise. In 2020, the value of the online gambling industry in the US was at nearly $2 million, and you can read about online gambling in the USA at Bonusfinder.com to see all the online casinos and online betting sites around the country that have allowed, through bonuses and incentives, the industry to continue to grow in 2021.
The United States is often regarded as one of the technology hubs of the world. For instance, Silicon Valley is home to technology behemoths, including Google and Apple.
The sector has seen YTD growth of 29.06%, with the internet services and social media industry growing in double-digits. Companies with the best YTD stock performance within the industry include Facebook (36.37%) and Twitter (24.73%).
The stock market will fluctuate as we progress further into the second half of 2021. However, looking at the 2021 YTD stock performance so far provides insight into what industries might look like in December.