Apple led the markets higher in 2019, and history says it's poised to head this way next

According to history, Apple's recent run will continue for at least another month

VIEW IN BROWSER | SUBSCRIBE FRI, JAN 10, 2020 BIG DATA INVESTOR Using Kensho technology, CNBC will surface research and analytic insights designed to create actionable, historical content around market moving events.  George Manessis @GSManessis THE BIG APPLE   Tech had a huge run in 2019, leading the 11 S&P 500 sectors, up about 48%. Among the stocks that led the move higher - Apple, which has more than doubled in the past year – soaring over 15% in the past month alone. And according to history, the trend could continue.   After similar moves, the stock tends to perform well, gaining another 2.17%, trading positively 73% of the time - outperforming the S&P.  THE CHIP TRADE Advanced Micro Devices was the hottest stock of 2019 – soaring nearly 150% last year, making it the top performing stock in the S&P 500. And some firms on Wall Street think its run isn't over – Mizuho Securities upgraded the stock from neutral to buy, raising its price target to $55 per share, from $38 per share.    History tends to agree. The stock is up about 20% in the past month, and according to data from Kensho, it has more to go. A month after similar gains, the stock adds an average of 6%, trading positively 66% of the time.    MORE FROM CNBC AND KENSHO Here's what typically happens to the financial markets after major Middle East crisis events   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBC Universal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS