by InvestorPlace Staff | April 16, 2011 3:59 pm
Stock market news can be confusing, and many are calling for a correction. But some of the best stocks to buy now can be investments that have made big profits recently. After all, there’s a chance picks outperforming the market will continue to do as well in the future as they did in the past.
To help you find the stocks with the wind at their back, here’s a list of 10 big-name companies that have tallied gains of 26% or more in the last 26 weeks, including Baidu (NASDAQ: BIDU), Netflix, Inc. (NASDAQ: NFLX) and Whole Foods Market (NASDAQ: WFMI) just to name a few. Here are the details:
Chinese-language Internet search provider Baidu (NASDAQ: BIDU) is the first stock on our list, having jumped +46% in the last six months. BIDU has shown steady growth since October, and more recently has gained +37% over the past three months as well. Potential buyers are also pointing towards BIDU’s last income statement, where the company reported a quarterly revenue growth of +94% and a quarterly earnings growth of +171%. A net profit margin of +47% last quarter isn’t too bad either.
Independent oil and gas exploration and production company Cimarex Energy Co. (NYSE: XEC) operates in Texas, Kansas, Wyoming, Oklahoma and New Mexico. Since the middle of October, this oil stock has watched its stock price jump +45%, compared to an +11% gain for the Dow Jones. Year-to-date, XEC is up +21% as well. A quarterly revenue growth of +24% and a quarterly earnings growth of +12% last quarter are other numbers worth noting. At a time when gas prices continue to soar, XEC stock is following the same trend.
Cummings Inc. (NYSE: CMI) is a designer, manufacturer, distributer and servicer of diesel and natural gas engines, as well as other engine related components. In just over the last six months, CMI has posted an increase in share price of +26%. Looking further back, CMI stock is up +60% in the last 52-weeks. Importantly, experts are projecting EPS of $1.42 this quarter, compared to an actual EPS of just 75 cents this quarter last year. Strong quarterly revenue and quarterly earnings make this stock extremely appealing to potential investors.
Edwards Lifesciences Corp. (NYSE: EW) is known worldwide for its products and technologies, which are used to treat advanced cardiovascular disease. Investors can hang their hats on EW’s last income statement, which reported a quarterly revenue growth of +13% and a quarterly earnings growth of +36%. Looking at stock value, EW shares have climbed +5% since the start of 2011. Looking in the longer term, EW shares have gained +26% in the last 26 as well.
Illumina, Inc. (NASDAQ: ILMN) is known for developing and manufacturing life science tools and integrated systems used in the analysis of genetic variation and function. Over the past six months, ILMN has shown impressive stock growth of +37%, compared to smaller gains by the broader markets. That growth has actually been sustained for quite a while, as Illumina is up +78% in the last calendar year. Earnings wise, experts are projecting a 10 cent jump in EPS compared to last year’s EPS.
If you’ve watched a DVD in the past few years, you are probably well aware of the success Netflix, Inc. (NASDAQ: NFLX) has seen lately. The subscription based movie rental company has watched its stock soar +56% in the last six months. The success has continued into 2011 as well, as NFLX is up +36%, year-to-date. Importantly, experts are expecting NFLX to surpass last year’s earnings numbers by 48 cents with a jump from 59 cents to $1.07. Keep an eye on the quarterly revenue growth of +34% too.
Next on the list is global healthcare supply provider Perrigo Company (NASDAQ: PRGO), which is known primarily for developing generic prescription medications and healthcare products. Since this date six months ago, PRGO stock has gained +32%, compared to smaller gains by the broader markets. In fact, in the last month alone, PRGO has shown impressive numbers, up +14%. As was the case with Netflix, experts are estimating a 21 cent increase in earnings this quarter. A quarterly revenue growth of +23% and a net profit margin expansion of +13% last quarter are also strong signs.
Mining company Silver Wheaton Corp. (NYSE: SLW) makes most of its money from silver sales, as its name would suggest. The first number worth looking at is the EPS of 40 cents experts are projecting this quarter, compared to the 13 cent EPS SLW posted this quarter last year. Over the past six months, SLW stock has hiked +54%. Shockingly, Silver Wheaton’s stock value has exploded +146% in the last 12 months, and is trading just below its 52 week low of $47.60. Finally, SLW posted an incredible net profit margin of 82% last quarter. If you haven’t had your eye on SLW, you may have missed out.
Consumers have made Tyson Foods (NYSE: TSN) famous by purchasing the company’s beef, chicken, pork, and prepared food products. In the last 26 weeks, TSN stock has gained +29%, compared to much smaller gains by the broader markets. Year-to-date, TSN has continued its success, up 13%. TSN’s quarterly earnings numbers have been very strong as the company posted figure of +86% in its last income statement, year-over-year. A quarterly revenue growth of +15%, year-over-year, is also very favorable. Tyson is trading right near its 52-week high of $20.57.
Rounding out the list is Whole Foods Market (NASDAQ: WFMI), which has built its brand around selling natural, organic foods. In the last 26 weeks, WFMI is up an astounding +76%. Since the start of 2011, WFMI has gained +28% as well. Experts are expecting WFMI to exceed its EPS of last year by seven cents this quarter. A quarterly earnings growth of +61% and a quarterly revenue growth of +14% are also points of interest for potential buyers.
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