The U.S. stock market has been on an amazing run over the past decade. The S&P 500, one
of the best benchmarks for how stocks are performing, has gained 184% since the beginning
of 2010. These stellar returns have come as a result of America's bustling economic recovery
that followed after the Great Recession, but they're just a drop in the bucket compared
to the best-performing stocks over the past decade. Let's take a closer look at five companies
whose stocks have been a smashing success over the past 10 years so that today's investors
can benefit from stock investing in the coming decade.
Let's start with Neurocrine Biosciences, which has seen its share price skyrocket more than
3,900% over the past decade. If you've never heard of Neurocrine, the company discovers
and develops drugs for neurological and endocrine-related diseases. The company has
a number of commercialized drugs for sale, but one of the biggest ones that's contributed to its success
has been Ingrezza. Sales of Ingrezza spiked since it was first approved back in 2017, and now have
an annual run rate of $720 million. With the success of this drug, as well as from royalties
collected from a second drug the company helped develop, Neurocrine shareholders have seen
fantastic results over the past 10 years. And then there's Netflix with its share price
gains of 3,700% over the past 10 years. We all know Netflix is a video streaming giant
with its 158 million subscribers worldwide. But in 2010, the company's video streaming
service was just three years old. Netflix' success over the past decade comes from its
foresight to see that video streaming and original programming was the future of in-home entertainment.
Third on our list is Domino's Pizza with a
phenomenal 3,400% gain since 2010. If you took a time machine back just over a decade ago,
you probably wouldn't believe Domino's Pizza would be on this list. Customers were
extremely unhappy with how the pizza tasted, and Domino's share price was taking a hit
because of it. But Domino's took ownership of its product and completely overhauled the company.
It made the pizza better, it made it easier to order food online, and it went
on a media blitz to show customers how it was making things right. The results for
the company have been nothing short of amazing. Domino's Pizza now has 16,000 stores worldwide,
up from 9,000 in 2009, and online sales have spiked to 65%, up from just 20% about a decade ago.
Fourth on our list is Novanta, which has gained
more than 3,300% in the past decade. Novanta is a technology company that makes precision
devices for motion, computer vision, and photonics for industrial and medical devices. The company
has experienced a massive turnaround over the past decade by boosting its sales more
than 150% and turning a profit after bleeding cash back in 2009. The company's huge share
price gains began their positive ascent a few years ago and haven't looked back since.
And lastly, we have Exact Sciences with its share price gains of more than 2,400% since 2010.
The company sells just one product, which is an at-home colon cancer screening
test called Cologuard that allows people to avoid a rather unpleasant trip to the doctor.
Cologuard became available about six years ago, and since then, more than 3 million people
have used the non-invasive test, which is impressive considering the product has just
6% of the market right now. Additionally, Exact Sciences recently purchased Genomic Health,
the leader in breast cancer and prostate cancer screening -- all of which means that
Exact Sciences is positioning itself for even more growth in the coming years.
If we zoom out and take a broad look at these companies, a few patterns of success begin
to emerge. For one, getting the jump in a niche market and creating a sustainable moat
around a business is what's helped both Netflix in the video streaming market and Exact Sciences
in the at-home colon cancer screening space achieve massive success over the past decade.
Additionally, with Domino's and Novanta, investors should take note that these two companies
were struggling as of a decade ago, but they were able to turn themselves around under
the right leadership and by refocusing on making good products. But the one thing that
all these companies have in common is that they've returned phenomenal gains only for
investors who've taken a long-term approach to investing.
Thanks for watching this video. Which stocks do you think will be huge winners over the
next decade? Let us know in the comments below. And if you liked this video, do us a favor
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