Making money in the stock market requires us to study the
past to identify what strategies will work well in the
future, which is why my colleague Tim Hanson has spent years
studying the U.S. market's
best-performing stocks.
While this environment has been tough for all of us, it's
important to remember that even over the past five years,
there have been a number of non-microcap multibaggers in this
country -- 23 to be exact. And studying such success stories
is the best way we can learn how to make money in the
future.
Of those 23 stocks, these were the top 10 performers:
Company
5-Year Return Through 2008
Southwestern Energy
870%
Apple
699%
Intuitive Surgical
643%
Range Resources
446%
Myriad Genetics
415%
Celgene
393%
Monsanto
389%
Immucor
340%
Alexion Pharmaceuticals
326%
Seaboard
323%
*Data from Capital IQ. Companies
capitalized over $300 million as of Dec. 31, 2003.
That's a fairly select group and some pretty heady
performance for this environment.
But it turns out we can do better.
With these stocks
While there were just 23 domestic multibaggers over the
past five years, there have been more than 100 foreign ones.
In fact, all but three of the top 10 stocks in the world came
from abroad.
Here's what that top-10 list looks like when we include
foreign stocks:
Company
Return 2004-2008
Country
Grupo Elektra
877%
Mexico
Southwestern Energy
870%
United States
Doosan Heavy Industries
855%
South Korea
NMDC
826%
India
Japan Steel Works
825%
Japan
Apple
699%
United States
Tullow Oil
669%
United Kingdom
Zijin Mining
664%
China
China Overseas Land and Investment
659%
Hong Kong
Intuitive Surgical
643%
United States Continued... |