“MarketWatch debuted the same year that Steve Jobs reclaimed the CEO slot at Apple Inc., the iconic computer maker that he founded and has since transformed into a consumer electronics powerhouse known as much for its digital music players and wireless phones as for its popular line of Mac computers,” Dan Gallagher reports for MarketWatch.

“Apple has been one of the best performing stocks since MarketWatch debuted in October of 1997 — the second-best, in fact — rising more than 3,500% between then and October of this year, according to Ford Equity Research,” Gallagher reports.

“Only one stock from the NYSE and Nasdaq has managed to outperform Apple during that time. Chico’s FAS Inc., a specialty retailer of women’s apparel, managed to rise nearly 3,800% during that same time,” Gallagher reports.

“Much of Chico’s success is due to a low starting point. When adjusted for multiple splits in the past decade, Chico’s was trading at less than 40 cents a share in late 1997. The stock has actually been on the decline since peaking near the $50 mark in early 2006,” Gallagher reports.

Full article here.

[Thanks to MacDailyNews Reader "Nathan" for the heads up.]