It was ten years ago this weekend that the market bottomed out in the midst of the Great Recession. Since March 9, 2009, when the S&P 500 bottomed out with its lowest close of 676, the index has delivered a ten-year annualized return of 17.8 percent.
That number may not look familiar, but it is very similar to the returns reached after similar market drops. In the ten years after the October 1987 market crash, the S&P returned 17.2 percent. Just before the bull market of the 1980s, following the bottom reached in August 1982, the S&P returned 17.6 percent.
In the course of that decade, the single top-performing AS&P stock is Ulta Beauty, which is up more than 7000 percent. Netflix is the second-biggest grower, with gains of more than 600 percent.
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