The 10 Best-Performing Stocks During The Great Depression

Electric Boat Company gained +55,000% from 1932 to 1954, topping this interesting list of the top-10 performing Great Depression Stocks.

April 13, 2020

By Trung Phan


Ever wonder which businesses did well during the Great Recession and the Great Depression?

Well, we recently wrote about how small businesses survived during the Great Recession.

And the latest note from Jamie Catherwood’s fantastic Investor Amnesia newsletter went even further back with a wider lens, showing which US stocks performed best during the Great Depression.

From his newsletter, the top-performing company was Electric Boat Company, which posted a +55,000% return from 1932-1954.

Electric Boat Company later merged with Canadair in 1954 to form what is now the $40B-market cap aerospace & defence behemoth General Dynamics.

Unsurprisingly, most of these high-return Great Depression stocks were part of industries (defence, energy, technology, materials) helping America in its Second World War efforts.

Here is a Twitter thread we put together to highlight these top-performing Great Depression companies:

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