5 Great Stocks That You May Not Know
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Do you ever get tired of the same stocks being fed to you on a daily basis by the media? Like the stock market only consists of Microsoft, Amazon, Google, and Apple, right? For those of you looking for investments not so mainstream but that have a good track record, here are 5 stocks worth a look.
Nathan's Famous Inc (NASDAQ: NATH) is a small-cap company that distributes its Nathan's World Famous Beef Hot Dogs in all 50 states, 6 foreign countries, and are available in 31,0000 supermarkets as well as over 10,000 food service outlets. Last year Nathan's sold over 425 million of its world famous beef hot dogs. That is a long way from the single resturaunt in 1916 Coney Island, Brooklyn. As reported in their 4th quarter results that came out in June 2012, the company has had double digit percetage rate growth in sales, total revenue, and net income since March 2011. The stock price has increased $12.80 from March 28, 2011, from $17.05 to a current price of $29.85 per share. Based on their past performance this stock is sure to keep investors happy for decades to come.
Dole Food Company Inc (NYSE: DOLE) Bank of America has recently upgraded DOLE from Underperform to Buy based on risk/reward. They are predicting an upside of 20-40% in the company's stock price, which is good news for investors who want to get in now. DOLE is a producer, marketer, and distributor of fresh fruits and vegetables to retailers in North America and Europe.
Baxter international Inc (NYSE: BAX) , a diversified global healthcare company, recently raised its' dividend payments 34% and has issued a $2 billion share repurchase plan. They are up 11% this year and reported that revenues had grown 7.5%.Baxteris on the cutting edge of medical science and technology helping patients worldwide who suffer from chronic and accute diseases and disorders.
Celgene Corp (NASDAQ: CELG) is a global biopharmecuetical company that engages in research therapies designed to help cure cancer. All of us have been touched at some point in our lives by the devistation of cancer and to invest in a company that focusses on new therapies and treatments to help fight cancer is in some ways giving back to ourselves and loved ones. Their second quater earnings growth is 31%, and their 5 years earnings growth is 73.14%.
STERIS Corp (NYSE: STE) has recently agreed to acquire medical-device maker United States Endoscopy Group Inc. for $270 million. This should put new earnings growth into the company by 2014 with a 5 year earnings growth of 13.35% already. They are a provider of infection prevention, surgical products, and services. Investing in companies that are focussed on long term sustainable growth will grow your investments slowly but surely over the long term.
There are thousands of great stocks out there to invest in, but not all may be suitable to some investors. Know what your goals are for your portfolio and strive to invest in companies to help get you there. Some companies may be involved in businesses that you may or may not be comfortable with. In 2003 I mainly done chart research and looked for companies whose chart pointed to significant gains, and done little research on the companies business side. As a result I found a stock that was cheap and was poised to have gains in stock price of around 300%, in fact the stock rose between 2003 and 2008 over 1700%. The problem I had with the investment, once I started looking into the business, was that it actually was not a resturaunt but a chain of strip clubs. The very first thing that crossed my mind was, "What on earth would my grandmothers think!" So I sold the stock and missed out on those gains, but I had a clear conscience. With that said, I reccomend investing in companies that you believe in the products and services they provide and will also grow your investments.
TSDavis75 has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. 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.If you have questions about this post or the Fool’s blog network, click here for information.