Oct. 29, 2009 (Business Wire) -- The stock market has made some serious headway since its March 9 bottom, with the S&P 500 Index up more than 50% from its first-quarter nadir. Since that time, Capital One Financial Corp. (NYSE: COF) has emerged as the leader of the rebound, with the credit card concern soaring 354% from March 9 through Tuesday's close. Amid the recent pullback in the broader market, we decided to see whether COF is well-positioned to continue its trailblazing rally.
First, a quick disclaimer about our methodology: when we say that COF has been the best-performing stock amid the market's rebound, we're referring only to equities that closed above $8 per share on both March 9 and Oct. 27. This filters out any penny stocks that racked up ridiculously bullish returns -- including the likes of Human Genome Sciences (NASDAQ: HGSI), which vaulted nearly 3,400% higher from its March 9 close of 55 cents per share.
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