2020 may go down in history as one of the greatest years ever for stocks at companies in Silicon Valley and the Bay Area.
Even with a pandemic that caused the stock market to plunge in March, investors stuck at home and low interest rates on savings helped drive a surge in buying that led to records in the major indexes by the end of the year.
Apple broke $2 trillion in market cap this year, a value that has never been reached before by any company. Tesla joined the S&P 500 after a 5-for-1 stock split in August and shares climbed 743% for the year in a spectacular rise.
Zoom, which operates video software now used by tens of millions around the world, rocketed 395% in 2020 as Covid-19 forced employees to work at home and students to study remotely.
Below is a list of 29 top companies in the Bay Area that closed at over $200 per share at the end of December.
Top Silicon Valley Stocks Over $200
Stocks trading over $200 per share at end of 2020.| Company | Stock Symbol | End of 2020 Stock Price | % Change for 2020 |
|---|---|---|---|
| Adobe | ADBE | $500.12 | 51.6% |
| Align Technology | ALGN | $534.38 | 91.5% |
| Alphabet | GOOG | $1,751.88 | 31.0% |
| Broadcom | AVGO | $437.85 | 38.5% |
| Crowdstrike | CRWD | $211.82 | 324.7% |
| Docusign | DOCU | $222.30 | 199.9% |
| Equinix | EQIX | $714.18 | 22.3% |
| FB | $273.16 | 33.0% | |
| Intuit | INTU | $379.85 | 45.0% |
| Intuitive Surgical | ISRG | $818.10 | 38.3% |
| KLA Corp. | KLAC | $258.91 | 45.3% |
| Lam Research | LRCX | $472.27 | 61.5% |
| Netflix | NFLX | $540.73 | 67.1% |
| NVidia | NVDA | $522.20 | 121.9% |
| Okta | OKTA | $254.26 | 120.3% |
| Palo Alto Networks | PANW | $355.39 | 53.6% |
| PayPal | PYPL | $234.20 | 116.5% |
| RingCentral | RNG | $378.97 | 124.6% |
| Roku | ROKU | $332.02 | 147.9% |
| Salesforce.com | CRM | $222.53 | 36.8% |
| ServiceNow | NOW | $550.43 | 94.9% |
| Snowflake | SNOW | $281.40 | 15.5% |
| Square | SQ | $217.64 | 247.8% |
| SVB Financial | SIVB | $387.83 | 54.4% |
| Synopsys | SNPS | $259.24 | 86.2% |
| Tesla | TSLA | $705.67 | 743.4% |
| Twilio | TWLO | $338.50 | 244.4% |
| Workday | WDAY | $239.61 | 45.7% |
| Zoom | ZM | $337.32 | 395.7% |
