Five Stocks That Are Poised for Growth in 2013
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The question on many investors’ minds is: "How will my stocks perform in 2013." Luck seems to be with many investors as 2013 is off to a roaring start. Now with the stock market rallying with the NASDAQ composite, Dow Jones Industrial and S&P 500 all show stocks are up and investors are profiting on their investments. Many investors are kicking the year off with a bang, carefully selecting new investments and watching the daily figures with anticipation. There are many highly attractive stocks to choose from, the problem is finding the right one. Here is a look at five stocks that are poised for growth in 2013.
AMZN - Amazon
The online retail giant is a big draw for the 2013 calendar year. Already enormously successful, Amazon (NASDAQ: AMZN) continues to enjoy growth thanks to their expanded offerings such as Prime free shipping, their Kindle e-book platform, and the self-publishing platform, Createspace. Amazon has proven to be incredibly resilient and innovative when it comes to staying on top as the leader in online retail and mobile shopping. Amazon's new business ventures are poised to increase revenue. Amazon's stock currently rests around 260, a ~15% increase over their stock value three months ago. Amazon is hearty stock that has a growing business, and is worthy of investment.
SHW- Sherwin Williams
Sherwin Williams (NYSE: SHW) is another prime choice for investors in 2013. The Fortune-500 paint manufacturer has shown exceptional revenue growth. In just three months, Sherwin Williams has enjoyed 15.66% appreciation, and is still going strong causing many investors to believe that this is a wise investment for 2013. Additionally, Sherwin Williams is expected to grow earnings an average of 15% per calendar year.
Believe it or not, Apple's days of growth are far from over. The technology giant is continuing to come out with new cutting edge merchandise, and thanks to legions of devoted fans and tech-lovers, Apple (NASDAQ: AAPL) continues to grow. 2012 wasn't such a great year for Apple, though. In November 2012, Apple was down 24% from their all-time high of $705 per share. At this time of this publication, Apple's stock stands around $465, a far cry from its all-time high, but that doesn't mean that Apple should be ruled out just yet. Between the years 2003 and 2012, Apple has increased its value by 200 fold. Apple has a strong portfolio, market resilience, and some of the most sought after merchandise in the world. 2013 should be a major improvement upon their disappointing 2012 postings.
SodaStream (NASDAQ: SODA) is a publicly traded company that manufactures a device that allows consumers to create their own soda from their own kitchen. While SodaStream isn't nearly as popular as Coca-Cola or PepsiCo, SodaStream has experienced major growth in the market. SODA is a cheap stock, standing at just $50.14 a share, and has experienced a tremendous growth over the past year of 43.4%. While SodaStream has been around for more than 100 years, their product is just beginning to pick up major steam. At the end of the second quarter in 2011, SodaStream's total revenue weighed in at $69.1 million, by the end of the 2012 calendar year, SodaStream's total revenue was calculated at $303 million showing tremendous growth and earnings potential.
Citigroup (NYSE: C) is a stock that is certainly worth looking into in 2013. The financial organization has enjoyed a 19.32% appreciation since December 2012, and is showing no signs of slowing down. Citigroup is escaping their financial turmoil of the past, a disappointing fourth quarter earnings summary, and is experiencing healthy growth making them a much more attractive option than they were in the recent past. While there are always risks involved when investing in a stock that has had a tumultuous rise, Citigroup is showing resilience in the face of a changing market.
With the stock market flourishing, many investors are looking for growth stocks; investments that will increase their cash flow. This list is just the tip of the iceberg, and results are likely to change. To determine whether a stock has the potential to provide a positive return on investment, look up your stock ticker's history. Many websites provide a look back of six months or more. Once you do your homework, start investing. There is no time like the present to get started.
achaury has no position in any stocks mentioned. The Motley Fool recommends Amazon.com, Apple, Sherwin-Williams, and SodaStream. The Motley Fool owns shares of Amazon.com, Apple, Citigroup Inc , and SodaStream. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. Is this post wrong? Click here. Think you can do better? Join us and write your own!