Investing

50 Mid-Cap and Larger Stocks More Than Doubled in 2017

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With 2017 nearing an end, it is important to consider just what has happened. Tax reform looks very likely now, and gross domestic product is higher in the United States and abroad. Despite a Federal Reserve that looks poised to raise interest rates, there is an expectation of higher global growth and recovery trends to continue well into 2018.

If you include dividends, the top exchange traded funds tracking the major U.S. indexes have rallied handily in 2017. And that is already with an eight-year bull market. The gains so far in 2017 were last seen at over 24% on the Dow Jones Industrial Average and over 19% on the S&P 500 Index. The Nasdaq-100 Index was last seen up 33%.

It would be easy to get the pom-poms and cheer the bull market on, but there are many other key stocks that have more than doubled in 2017.

24/7 Wall St. has screened 50 stocks that have risen 100% or more (some far more) in 2017. Using performance and valuation metrics from Finviz, we tracked the U.S.-based companies that had market capitalizations of $2 billion and higher. We looked at the forward price-to-earnings (P/E) ratio and the dividend (if any). We also looked at the consensus analyst price target data from Thomson Reuters, if applicable.

AnaptysBio Inc. (NASDAQ: ANAB) is the top performer of the lot with a gain of over 400%. With its shares close to $94, some analysts have opined recently that its shares could go even higher. SunTrust has a $115 target and Jefferies has a $101 target.

Nektar Therapeutics (NASDAQ: NKTR) was up well over 300% so far in 2017, but at $57.68 a share it is well above the consensus analyst price target.

Weight Watchers International Inc. (NYSE: WTW) was last seen up almost 300% so far in 2017, aided by Oprah, of course. The stock actually has been range bound for the past few months, and the diet and lifestyle company now has a market cap of almost $3 billion.

Exact Sciences Corp. (NASDAQ: EXAS) was last seen up 280% or so in 2017, and the $51.68 share price is right in line with a $58.60 consensus price target.

Scientific Games Corp. (NASDAQ: SGMS) was last seen up more than 260% so far in 2017, but with shares up at $51.80 the consensus price target is down at $46.00.

Some companies see great gains because of mergers and others because of their own news. Keep in mind that there are no assurances at all that companies will rise more than 100% (and exponentially) again the following year. Many of them even may see more than all their good news having been priced in.

Below is a table below showing all 50 stocks with gains of 100% to 400%.

Company Ticker Market Cap Fwd P/E Dividend Perf YTD Price
AnaptysBio ANAB 2.07B 440.94% $ 93.76
Straight Path Communications STRP 2.32B 434.65% $ 181.81
Nektar Therapeutics NKTR 8.90B 363.73% $ 57.57
Weight Watchers International WTW 2.92B 25.16 295.98% $ 45.81
Exact Sciences EXAS 6.13B 285.93% $ 51.95
Scientific Games SGMS 4.59B 263.21% $ 51.70
LendingTree TREE 4.00B 66.67 239.76% $ 347.35
Alnylam Pharmaceuticals ALNY 12.16B 235.44% $ 124.58
Foundation Medicine FMI 2.15B 230.23% $ 59.35
RH RH 2.10B 19.76 224.53% $ 100.19
Puma Biotechnology PBYI 3.74B 219.87% $ 99.75
Sage Therapeutics SAGE 6.49B 217.90% $ 164.50
Universal Display OLED 8.02B 53.56 0.07% 202.93% $ 176.30
Bluebird Bio BLUE 8.45B 196.52% $ 183.25
Square SQ 14.38B 82.29 171.68% $ 37.88
Blueprint Medicines BPMC 2.95B 167.84% $ 75.66
Amicus Therapeutics FOLD 2.14B 158.55% $ 13.08
Green Dot GDOT 3.01B 24.16 156.31% $ 60.88
TAL Education Group TAL 14.61B 54.29 154.54% $ 29.99
Triton International TRTN 3.09B 10.44 4.55% 153.99% $ 39.77
Kirkland Lake Gold KL 2.75B 0.23% 151.80% $ 13.50
Loxo Oncology LOXO 2.48B 145.90% $ 79.68
Shopify SHOP 10.25B 400.08 145.44% $ 106.85
Align Technology ALGN 18.74B 52.78 142.95% $ 234.40
Autohome ATHM 7.15B 20.85 142.21% $ 60.53
Arista Networks ANET 16.57B 37.47 138.74% $ 233.54
RingCentral RNG 3.68B 174.82 137.62% $ 49.65
Juno Therapeutics JUNO 5.04B 137.03% $ 43.50
Insmed INSM 2.36B 128.87% $ 30.05
Wayfair W 6.69B 126.13% $ 79.44
Take-Two Interactive Software TTWO 12.43B 23.35 125.58% $ 111.97
NRG Energy NRG 8.76B 12.69 0.44% 124.31% $ 27.58
Roku ROKU 4.51B 122.60% $ 54.90
Teladoc TDOC 2.03B 117.88% $ 36.00
Chemours CC 8.91B 9.51 1.42% 117.47% $ 48.40
2U TWOU 3.28B 117.28% $ 66.43
Penn National Gaming PENN 2.66B 23.47 115.30% $ 28.78
First Solar FSLR 7.09B 46.78 114.90% $ 70.03
Kronos Worldwide KRO 2.90B 12.47 2.36% 112.73% $ 25.86
New Relic NEWR 3.24B 267.62 111.26% $ 60.43
IPG Photonics IPGP 11.06B 27.03 110.78% $ 211.14
Coherent COHR 7.09B 16.09 109.65% $ 291.80
Portola Pharmaceuticals PTLA 3.10B 109.54% $ 47.66
Rogers ROG 2.92B 25.92 109.43% $ 163.04
AveXis AVXS 3.16B 107.25% $ 99.75
SiteOne Landscape Supply SITE 2.86B 40.26 106.80% $ 72.00
National Beverage FIZZ 4.89B 29.45 105.26% $ 104.50
NVR NVR 12.74B 20.11 103.63% $ 3,411.23
Myriad Genetics MYGN 2.29B 27.5 100.78% $ 33.73
Halozyme Therapeutics HALO 2.91B 100.10% $ 19.77

 

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