NRG is descended from the old Houston Lighting & Power, which was split when Texas deregulated energy in 2003. Profits should come in at about $170 million, 62 cents per share – profits have been nearly unheard-of in Houston since the 2014 oil bust. NRG may be best known for having its name on the Houston Texans stadium in Houston, and assuming it meets estimates for December, it should deliver $10.3 billion on its market cap of $8.55 billion. The shares are up 124% for the year while the main oil ETF, the United States Oil Fund LP (ETF) (NYSEARCA: USO) was essentially flat. Ironically, it’s a utility, heavy on wind and solar energy. The best energy play in the first year of the Donald Trump era was NRG Energy Inc (NYSE: NRG). A bidding war could send it to the skies and, even without one, business performance should only get better from here. (NYSE: PFE) sees the global potential and high profitability of pain-free orthidonture, and the end of braces as we know them. You may not get another doubling, but you could if a larger company like Pfizer Inc. Adults were early adopters of Invisalign, but teens are anxious to get their hands on it, which is why Louis Navellier of Blue Chip Growth wrote in November “it’s not too late” to get in. It is teenagers who will drive the next leg up, analysts say. This has more than doubled its market cap, to $18.8 billion, and 12 of 13 analysts covering it had the stock on their buy lists, even near the end of the year. The company is expected to bring in $1.476 billion for the year, up from $1.08 billion in 2016, delivering $3.67 per share of earnings. You probably know it best from Invisalign, its clear aligners that slowly move teeth within the mouth, when worn, with less pain and psychological scarring than found with braces.Īlign’s success as a stock is based on the promise of this technology, more than the results. 1 on prospects for its computer-assisted design approach to the simple problem of straightening teeth.Īlign’s iTero Interoral Scanner is compatible with several teeth milling systems, used in over 3,000 dental labs. The best stock of the year is Align Technology, Inc. (NASDAQ: ALGN) up 128% since Jan. Instead this year’s winners included medical stocks, manufacturers of chips and airplanes, a utility focused on renewable energy and a fintech group co-founded by Elon Musk of Tesla Inc (NASDAQ: TSLA).įor these companies it was a very, very, VERY good year. (NASDAQ: GOOG, NASDAQ: GOOGL) made the list, partly because they were already so big that they couldn’t easily double in size so quickly. (NASDAQ: NFLX) or Google owner Alphabet Inc.
None of the so-called FANG stocks - Facebook Inc (NASDAQ: FB),, Inc.
Two stocks more than doubled, and two others nearly so. The worst performer in this group delivered returns of 75% to its investors. It took a lot to make this year’s list of the top stocks in the S&P 500.
You could form a portfolio by throwing darts at a list of stocks and make money.īut there were some companies that did even better than that. 22, the S&P 500 was up 19.9% from its level at the start of the year. With apologies to Ervin Drake (who wrote it) and Frank Sinatra (who made it a hit) 2017 was a very, very good year for stocks. It was a very good year for tech stocks / And renewable fuels / Builders rose with the tide.
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