We listed the best stocks (best performing stocks posting large gains) on the NYSE (New York Stock Exchange) at the midpoint of 2012. Have a look through the list of best stocks on the NYSE year to date. These winners have arrogantly outperformed the overall market with appreciation of over 130% in their share prices, slimming to the gain of 9.26% of the S&P 500 index.
Let’s have a look through these best stocks: (Stock data are based on the closing prices of July 3, 2012)
Ellie Mae, Inc. (ELLI) has soared 225.49% this year to date, winning the champion of the contest of best performing stocks. The company is focusing on the electronic mortgage origination services and technologies for the mortgage industry in the United States. The Ellie Mae Network electronically connects mortgage professionals to the mortgage lenders, investors and service providers. Ellie Mae delivered an EPS of $0.20 for the first quarter ended Mrach 31, 2012, representing a surprise of 42.90% over the average analyst estimate of $0.14. Over the past 52 weeks, ELLI stock traded between $3.46 and $18.61. The current ELLI stock price of $18.60 is above the 50-day moving average of $17.92 and the 200-day moving average of $16.75. According to the data provided by Fact Research, average analyst recommendation on ELLI stock is “Buy.”
Read the related article: Ellie Mae, leads the best performing stocks on NYSE.
Feihe International Inc, (ADY) a Chinese diary producer and distributor, came in as the second on the list of best stocks on the NYSE, with a year-to-date increase of 171.04%. The company runs a business of milk powder, soybean milk powder, and related dairy products in the People’s Republic of China (PRC). The company delivered an EPS of $0.40 for the first quarter of 2012, representing a surprise of 66.70% over the average analyst estimate of $0.24. Over the past 52 weeks, ADY stock traded between $2.22 and $9.32. The current ADY stock price of $6.90 is above the 50-day moving average of $5.57 and the 200-day moving average of $4.22. According to the data provided by Fact Research, average analyst recommendation on ADY stock is “Buy.”
US Airways Group, Inc. (LCC) saw its shares rising 167.26 since the beginning of this year, ranking the third of the best stock s on the NYSE. US Airways, through its wholly owned subsidiaries, focuses on the operation of air transportation network for passengers and cargo worldwide. The company delivered a net loss of $0.13 per share for the first quarter of 2012, representing a surprise of 48% versus the average analyst estimate of a net loss of $0.25. Over the past 52 weeks, LCC stock traded between $3.96 and $13.81. The current LCC stock price of $13.21 is above the 50-day moving average of $11.65 and the 200-day moving average of $7.79. According to the data provided by Fact Research, average analyst recommendation on LCC stock is “Buy.”
3D Systems Corp. (DDD) appears on the list of best stocks on the NYSE as the gainer has advanced 145.14% this year. The company, through its subsidiaries, engages in three-dimensional (3D) content-to-print solutions including the design, development, manufacture, marketing, and servicing of 3D printers and related products, print materials, and services in the United States, Europe and the Asia-Pacific region. 3D Systems delivered an EPS of $0.25 for the first quarter of 2012, representing a surprise of 92.30% versus the average analyst estimate of $0.13. Over the past 52 weeks, DDD stock traded between $12.78 and $36.50. The current DDD stock price of $35.57 is above the 50-day moving average of $30.15 and the 200-day moving average of $21.64. According to the data provided by Fact Research, average analyst recommendation on DDD stock is “Hold.”
Headwaters Inc. (HW) won the reputation of the best stocks on the NYSE this year to date with a hefty gain of 132.88% in its stock price. Headwaters primarily provides products such as manufactured architectural stone, siding accessory products and concrete blocks, and related technologies and services for the construction industry and energy industry in the United States and Canada. Headwaters posted a net loss of $0.29 for the first quarter ended March 31, 2012, 16.00% higher than the average analyst estimate of $0.25. Over the past 52 weeks, HW stock traded between $1.05 and $5.27. The current HW stock price of $5.22 is above the 50-day moving average of $4.36 and the 200-day moving average of $3.08. According to the data provided by Fact Research, average analyst recommendation on HW stock is “Overweight.”