Over the past 10 years, the market was flooded with companies fighting their way to the top. Some finished into the oblivion, while some of them performed better every year. In this article, we’re going to examine some of the best stocks on the market in the period of 10 years to 2019.
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Best-Performing Stocks In The Last 10 Years
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Jazz Pharmaceuticals (JAZZ)
Jazz Pharmaceuticals saw the biggest gains in the last ten years. With the 23,000% plus, their market value stands at $7.7 billion. This company suffered from a lack of earnings just before 2008 ended. However, in the following years, their poor Luvox and Xyrem sales diminished. Instead, the company moved on to producing their drug and cancer treatment called Defitelio in 2014. This made Jazz Pharmaceuticals one of the most important biotech companies on the planet.
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Exact Sciences (EXAS)
Much like JAZZ, EXAS was in financial trouble more than a decade ago. The stock’s peak was at $18 in 2003 and in 2008, it was less than $1. After that, the company sold some of its intellectual property to Genzyme, gaining $24.5 million used for later development of colorectal cancer test. That event made the company eager to work on other types of cancer diagnostics tools. Nowadays, EXAS is one of the finest cancer-diagnostics companies out there.
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ULTA Beauty (ULTA)
ULTA Beauty is a well-known cosmetics and haircare retailer. Between March 2009 and March 2019, this company gained more than 7,000%. In the middle of 2009, Terry Hanson and Richard George, ex-presidents of Osco Drugs, brought this company to where it is now. They mastered selling cosmetics and retailing, which brought a breath of fresh air to the company. Its store count ramped from 305 in 2009 to 1174 in 2019.
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Netflix (NFLX)
We’ve seen it coming. Netflix is a company that largely redefined the meaning of streaming videos, movies, and popular series. Back in 2009, Netflix already established its name but on a much smaller scale than it is now. It was dominantly a mail-based DVD rental house and nobody saw Netflix coming and taking the market by storm. In 2019, this service sports 146.5 million subscribers, holding an astounding 51% of the US streaming market.
Source: https://www.kiplinger.com/slideshow/investing/T052-S001-10-best-and-worst-stocks-of-10-year-bull-market/index.html
