Which Australian stocks are the best performers in the S&P500?

The S&p500, the index of the top 10 American and European stocks, has risen by almost 9 per cent over the past year.

That’s almost exactly the rate of growth the index has enjoyed since January.

But as the index’s performance has slowed to just over 5 per cent a year ago, some of the best performing Australian stocks have seen their share prices fall.

Here are the five best performing stocks of the past five years.

1.

General Motors shares GM shares have risen more than 7 per cent since the beginning of 2017.

But since then, they’ve fallen by more than 15 per cent.

General has been hit hard by a combination of the company’s restructuring and the government’s new plan to curb carbon emissions.

2.

Google shares Google has been on a roller coaster ride.

In January, the search giant said it would slash the number of employees it was hiring by 30 per cent and focus on building out its mobile products.

That resulted in a big dip in its share price.

Google’s share price has since recovered to around $85, a huge drop from its peak of more than $160 in March.

3.

IBM shares IBM shares have been hit by the recent health scares.

The computer giant reported its first quarter earnings last month and saw its share prices plunge by more as investors worried about the potential for the pandemic to affect the global economy.

The company also said it was preparing to cut the number the staff it was bringing on to staff the global business.

4.

Amazon shares Amazon shares have fallen by nearly 40 per cent in 2017 as Amazon’s cloud computing business has seen its market value fall by more that $500 billion.

But in the past few months, the company has begun to turn a profit.

Amazon now has $14.7 trillion in cash and marketable securities, according to data from Credit Suisse.

5.

Uber shares Uber shares have seen some of their biggest declines in 2017.

Uber CEO Travis Kalanick has said the company is aiming to return to profitability by 2021.

In September, Uber said it planned to raise another $1.5 billion to expand its fleet of vehicles.

Uber has struggled to return revenue to shareholders.

In December, Uber was forced to close its offices in Europe due to a lack of drivers.