Owning a stock that's added to the S&P 500 is lucrative — just ask Tesla (TSLA). But investors looking in less obvious places are scoring even bigger gains.
XNone of the top ten substantial stocks up 500% or more this year this year are listed on any major curated index, like the S&P 500. Stocks like consumer discretionary Nautilus (NLS), industrial Plug Power (PLUG) and tech Zoom Video (ZM), aren't small stocks, either. All are worth $500 million or more and trade a vigorous $20 million in daily volume or higher. They also trade for $10 a share or more.
And yet, none are on the S&P 500, S&P Mid Cap 400 or S&P SmallCap 600 indexes which are "the market" for many investors, says an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.
Such success stories highlight the spoils available to investors willing to go beyond the comfort of major indexes to find winners. Half of these huge winners this year sport IBD Composite ratings of 85 or higher. That means their stock action and fundamentals outrank 85% of all stocks.
Gains off the beaten path are possible even as many investors are on hold. "The next few months are going to be tough," said Patrick Leary, chief market strategist at Incapital. "But the economy will recover once a vaccine is widely available and policymakers can stop restricting various economic activities."
Big Gains Not Always On The S&P 500
The S&P 500 is the world's most popular index. It's the benchmark trillions of dollars in investments are tied to. But it doesn't include all the huge winning stocks.
And some of the omissions are notable. The top stocks this year worth $500 million or more with decent volume not only aren't in the S&P 500. A few are too small for that. None are in the S&P Mid Cap 400 nor the S&P SmallCap 600, either.
Take Nautilus. The company is valued at roughly $600 million. Investors, though, are up 1,000% on the stock this year. That's put more than $500 million into investors' pockets.
But some of the missing companies are behemoths. Tesla is the classic example. The more than $450 billion company isn't on the S&P 500 as it had been losing money. It's being added to the S&P 500, though, in December.
It's not alone, though. Plug Power, a money-losing fuel cell company, isn't on any major index despite a market value of more than $10 billion. The stock is up more than 650% this year. Plug Power stock, with an 86 Composite Rating, put more than $9 billion into investors' pockets this year. The company is expected to lose money until 2023, so don't look for it to join a major index anytime soon.
Zoom Video: Flies From Nowhere
If Tesla's absence in the S&P 500 was curious, you might wonder about Zoom Video. The video streaming company's stock is up 508% this year, giving it a market value of $118 billion. It's almost like it zoomed past the small and mid-size phase.
Plus the company is highly profitable. Analysts think Zoom will make nearly $750 million this fiscal year ended in January. If true, that's up 641% from its fiscal year ended in January 2020.
Markets move fast. True leaders can get big. Don't miss out.
Biggest Winners Not On A Major Index, Yet
All trade at least $20 million in volume, sport market values of $500 million or more and carry a $10 a share or higher stock price
| Company | Symbol | Stock YTD % Ch. | Market Value ($ Million) | Sector | Composite Rating |
|---|---|---|---|---|---|
| Novavax | (NVAX) | 2,070.9% | $4,418.3 | Health Care | 43 |
| Nautilus | (NLS) | 1,013.7% | $589.7 | Consumer Discretionary | 93 |
| Seres Therapeutics | (MCRB) | 829.0% | $2,924.5 | Health Care | 57 |
| Overstock.com | (OSTK) | 724.8% | $2,486.8 | Consumer Discretionary | 79 |
| Plug Power | (PLUG) | 652.8% | $10,412.2 | Industrials | 86 |
| Workhorse Group | (WKHS) | 649.3% | $2,745.7 | Consumer Discretionary | 60 |
| GrowGeneration | (GRWG) | 618.5% | $1,443.0 | Consumer Discretionary | 99 |
| Celsius | (CELH) | 604.3% | $2,437.6 | Consumer Staples | 94 |
| CarParts.com | (PRTS) | 519.1% | $652.8 | Consumer Discretionary | 83 |
| Zoom Video Communications | (ZM) | 508.9% | $117,832.8 | Information Technology | 99 |
"come" - Google News
November 20, 2020 at 08:00PM
https://ift.tt/2ISHTfx
10 Stocks Come Out Of Nowhere To Make You More Than 500% Richer - Investor's Business Daily
"come" - Google News
https://ift.tt/2S8UtrZ
Shoes Man Tutorial
Pos News Update
Meme Update
Korean Entertainment News
Japan News Update
Bagikan Berita Ini
0 Response to "10 Stocks Come Out Of Nowhere To Make You More Than 500% Richer - Investor's Business Daily"
Post a Comment