Despite an ongoing pandemic and the U.S. economy barely limping along, the Nasdaq is still trading more than 50% above its March lows. The surge in tech stocks in 2020 has understandably led investors to draw comparisons to the dot-com bubble in 2000.The Nasdaq ultimately peaked at 5,048.62 on March 10, 2000. Of course, some dot-com bubble stocks have performed much better than others in the 20 years since the bubble burst.FANG Stocks Of Dot Com Bubble: Today’s investors are very familiar with the FANG stocks, Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL). These four stocks both led the bull market since the 2008 financial crisis and dominate today’s market with their massive market caps.The dot-com had its own growth of FANG-esque stocks that dominated the tech sector back in 2000: * Microsoft Corporation (NASDAQ: MSFT) reached a dot-com bubble peak market cap of $561 billion back in March 2000. * Cisco Systems, Inc. (NASDAQ: CSCO) reached a peak market cap of $555.4 billion. * Intel Corporation (NASDAQ: INTC) peaked at a $509 billion market cap in August 2000. * Oracle Corporation (NYSE: ORCL) had its dot com market cap top out at $245 billion in March 2000. * Finally, IBM (NYSE: IBM) had a peak dot com-era market cap of $215 billion.Altogether, these five tech stocks had a peak combined dot com market cap of more than $2.08 trillion, but that valuation certainly didn’t last for long.See Also: 5 Ways Today’s Market Resembles The Dot-Com BubbleDot-Com Bubble Fallout: A year after the Nasdaq peaked in March 2000, the Nasdaq was down 59.3%. All five of these big tech stocks had taken a hit. IBM was the most resilient of the group, declining just 5.4%. Microsoft shares were down 43.8%, Intel shares were down 51%, Oracle shares were down 59.8% and Cisco shares were down 69.7%.By March 10, 2010, the Nasdaq was still down 53.2% from its dot-com bubble peak a decade later. IBM was the only stock that had generated decent returns, gaining 19.5% overall during that 10-year stretch. Oracle shares were down 39%, Microsoft shares were down 42.6%, Cisco shares were down 62% and Intel shares were down 64.7% during the first decade following the dot com bubble peak.20 Years Later: Fortunately for investors, the last 10 years has been a much better decade for tech stocks than the previous 10 years. Thanks in large part to the FANG stocks, the Nasdaq is now up 120.4% from its dot-com bubble peak.Some of the five big tech stocks mentioned above have recovered to perform well overall 20 years after the dot com bubble. Others have not. Here’s a look at how much buying $1,000 in each stock on March 10, 2000 would be worth today, assuming reinvested dividends: * Microsoft: ,419 * IBM: ,778 * Oracle: ,687 * Intel: ,347 * Cisco: 5Overall, a $5,000 investment in these five stocks split evenly during the dot-com bubble peak would be worth $11,976 today, a 139.5% gain over a 20-year period.Benzinga’s Take: Four out of the five big tech stocks of the dot com era have lagged the 120.5% overall gain by the Nasdaq over the last 20 years. In addition, Microsoft is the only stock of the five that beat the 252% total return of the S&P 500 ETF Trust (NYSE: SPY) since March of 2000.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Analysts On Twilio Investor Day: ‘More Confidence In Owning TWLO For The Next Decade’ * Experts React To Trump’s Coronavirus Diagnosis And Its Impact On The Stock Market(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.,
Despite an ongoing pandemic and the U.S. economy barely limping along, the Nasdaq is still trading more than 50% above its March lows. The surge in tech stocks in 2020 has understandably led investors to draw comparisons to the dot-com bubble in 2000.The Nasdaq ultimately peaked at 5,048.62 on March 10, 2000. Of course, some dot-com bubble stocks have performed much better than others in the 20 years since the bubble burst.FANG Stocks Of Dot Com Bubble: Today’s investors are very familiar with the FANG stocks, Facebook, Inc. (NASDAQ: FB), Amazon.com, Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Alphabet, Inc. (NASDAQ: GOOGL) (NASDAQ: GOOGL). These four stocks both led the bull market since the 2008 financial crisis and dominate today’s market with their massive market caps.The dot-com had its own growth of FANG-esque stocks that dominated the tech sector back in 2000: * Microsoft Corporation (NASDAQ: MSFT) reached a dot-com bubble peak market cap of $561 billion back in March 2000. * Cisco Systems, Inc. (NASDAQ: CSCO) reached a peak market cap of $555.4 billion. * Intel Corporation (NASDAQ: INTC) peaked at a $509 billion market cap in August 2000. * Oracle Corporation (NYSE: ORCL) had its dot com market cap top out at $245 billion in March 2000. * Finally, IBM (NYSE: IBM) had a peak dot com-era market cap of $215 billion.Altogether, these five tech stocks had a peak combined dot com market cap of more than $2.08 trillion, but that valuation certainly didn’t last for long.See Also: 5 Ways Today’s Market Resembles The Dot-Com BubbleDot-Com Bubble Fallout: A year after the Nasdaq peaked in March 2000, the Nasdaq was down 59.3%. All five of these big tech stocks had taken a hit. IBM was the most resilient of the group, declining just 5.4%. Microsoft shares were down 43.8%, Intel shares were down 51%, Oracle shares were down 59.8% and Cisco shares were down 69.7%.By March 10, 2010, the Nasdaq was still down 53.2% from its dot-com bubble peak a decade later. IBM was the only stock that had generated decent returns, gaining 19.5% overall during that 10-year stretch. Oracle shares were down 39%, Microsoft shares were down 42.6%, Cisco shares were down 62% and Intel shares were down 64.7% during the first decade following the dot com bubble peak.20 Years Later: Fortunately for investors, the last 10 years has been a much better decade for tech stocks than the previous 10 years. Thanks in large part to the FANG stocks, the Nasdaq is now up 120.4% from its dot-com bubble peak.Some of the five big tech stocks mentioned above have recovered to perform well overall 20 years after the dot com bubble. Others have not. Here’s a look at how much buying $1,000 in each stock on March 10, 2000 would be worth today, assuming reinvested dividends: * Microsoft: ,419 * IBM: ,778 * Oracle: ,687 * Intel: ,347 * Cisco: 5Overall, a $5,000 investment in these five stocks split evenly during the dot-com bubble peak would be worth $11,976 today, a 139.5% gain over a 20-year period.Benzinga’s Take: Four out of the five big tech stocks of the dot com era have lagged the 120.5% overall gain by the Nasdaq over the last 20 years. In addition, Microsoft is the only stock of the five that beat the 252% total return of the S&P 500 ETF Trust (NYSE: SPY) since March of 2000.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Analysts On Twilio Investor Day: ‘More Confidence In Owning TWLO For The Next Decade’ * Experts React To Trump’s Coronavirus Diagnosis And Its Impact On The Stock Market(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
,