The 10 stocks that have gone the longest without a 20% bear market sell-off
- There are "elite" companies that have gone years without experiencing a 20% bear market decline, Ned Davis Research says.
- The firm compiled the S&P 500 companies that have gone the longest without a bear market.
- Blue chip companies like PepsiCo, McDonald's, and Waste Management top the list.
Resilience in the stock market is a valuable trait for companies as investors seek out relative safety during bear market declines.
Some companies are in "elite" status for not experiencing a 20% decline in years, even when considering the 2022 bear market in which the S&P 500 declined by about 25%, according to a recent note from Ned Davis Research.
Ned Davis Research compiled the S&P 500 companies that have gone the longest without suffering a bear market, with some approaching 1,000 trading days, or about four years.
These are the 10 companies that haven't experienced a bear market decline in many years.
10. Arthur J. Gallagher
Ticker: AJG
Days w/o 20% correction: 989
Days since recent peak: 63
9. McDonald's
Ticker: MCD
Days w/o 20% correction: 989
Days since recent peak: 26
8. WW Grainger
Ticker: GWW
Days w/o 20% correction: 989
Days since recent peak: 16
7. McKesson
Ticker: MCK
Days w/o 20% correction: 989
Days since recent peak: 1
6. Cencora
Ticker: COR
Days w/o 20% correction: 989
Days since recent peak: 1
5. Marsh & McLennan
Ticker: MMC
Days w/o 20% correction: 989
Days since recent peak: 3
4. Republic Services
Ticker: RSG
Days w/o 20% correction: 989
Days since recent peak: 2
3. Waste Management
Ticker: WM
Days w/o 20% correction: 989
Days since recent peak: 2
2. PepsiCo
Ticker: PEP
Days w/o 20% correction: 990
Days since recent peak: 198
1. Travelers
Ticker: TRV
Days w/o 20% correction: 992
Days since recent peak: 3