The stock market is filled with stocks that have shown consistent growth for the last ten years. You might have also seen stocks that have outperformed their industry average or those that have paid out consistent dividends to investors. However if you are looking for stocks that have grown in a monstrous pace over the last ten years, you might not find many, as it quite a tough ask for any company to give phenomenal results every single year. In spite of all these tough conditions, there are three companies that have not only managed to pleasantly surprise Wall Street experts and investors, but also have returned millions of dollars to shareholders. The stocks that we are talking about are Keurig Green Mountain (GMCR, Financial), Monster Beverage (MNST, Financial) and Priceline Group (PCLN, Financial).
Bigger than the best
In terms of coffee industry, Starbucks (SBUX, Financial) was the undisputed leader. This was the case till about 2005. Post 2005, things changed drastically in the coffee sector. Green Mountain Coffee Roasters as Keurig Green Mountain was originally known as started posing a huge threat to Starbucks. In the year 2006, Green Mountain fully acquired Keurig and thus cemented its place in the coffee sector in style. The year 2014 was an important one for GMCR as the carbonated beverage giant, Coca Cola (KO, Financial) invested in it. With this partnership, Keurig Green Mountain gained entry into the cold beverage sector as well. Keurig’s revenues have grown the fastest when compared to the other big coffee sellers in the United States, as can be seen from the graph below. If you had invested around $6667 dollars in Keurig during 2005, it would have now grown to an amount as big as $428900, because for the last decade, the growth rate of the company has been an alarming 6333%.
A monster in the beverage sector
Would you have thought in your wildest dreams that a natural drink company, Hansen’s Natural, which focussed only on energy drinks, would grow up to be one of the biggest names in the health drink sector? We are talking about the giant stock, Monster Beverage. Primarily an energy drink company, Monster got a huge breakthrough when Coca Cola acquired around 17% stake in it. Due to this deal, Monster was exposed to a huge distribution network and was able to penetrate more markets than it did earlier. Today, Monster has grown to such a huge extent, that its peers are almost finding it impossible to beat its growth. If you had invested the same $6667 in Monster during 2005, it would have grown up to an impressive $322300, because the growth rate for the last decade has been a whopping 4734%. Just for February 2015, the share prices of Monster increased by 20%, as can be seen from the chart below:
Outperforming peers
If there is one company that stands out in the online travel business, it is the Priceline Group. Its dominance in the travel industry, when compared against its close competitor, Expedia (EXPE, Financial) can be known from this: for the year 2014, Priceline reported annual sales worth $8.4billion, whereas Expedia’s sales were only worth close to $5.8billion. Every year, Priceline earns millions of dollars through commission that it gets from travel operators when customers make their hotel or any kind of travel bookings. With the development of global economy and with overall improvement in the travel industry, Priceline has been having a fantastic time with its numbers. Over the last 5 years, earnings per share and sales of Priceline have increased at an annual growth rate of 35.8% and 29.3% respectively. If you had been smart enough to invest $6667 in Priceline during 2005, you would now be the proud owner of returns worth $354900, because the company has grown by a remarkable 5224% in the last decade or so. The following is the share price trend of Priceline for the last year:
Conclusion
If you are looking for stocks that have grown multi-fold in the last decade and those that hold great promises for the future, the above mentioned stocks are the best choices. If you have not invested in them yet, you can do it right away, because it is always better late than never. With lots of path-breaking partnerships and favourable market factors, these stocks are all set to grow to incredible heights in the coming years.
