10 Best S&P Stocks So Far in 2012

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10 Best S&P Stocks So Far in 2012

#3: Expedia

Expedia185 10 Best S&P Stocks So Far in 2012YTD Performance: +97%

Expedia (NASDAQ:EXPE) is an online travel company, and many investors are a bit surprised to see this kind of consumer-oriented pick boasting such mammoth gains. But the strength of Expedia actually comes from its bargain branding that connects with cost-conscious travelers.

That, coupled with a mammoth operation that spans 25 countries and is growth strong, has allowed EXPE to find big profits even in these tougher times. Also, the wildly successful spinoff of TripAdvisor (NASDAQ:TRIP) — of which Expedia still owns a nice stake — has allowed the company to find revenue from travel news and reviews, too.

Revenue is set to triple fiscal 2009 numbers this year, and profits will be easily more than double. That’s impressive considering the macro challenges, and investors like what they see.


Article printed from InvestorPlace Media, http://investorplace.com/2012/09/10-best-sp-stocks-so-far-in-2012/.

©2014 InvestorPlace Media, LLC

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