Monster Energy
- We’ve put together a list of the 10 best-performing stocks in the S&P 500 this century.
- Some household names including Apple, Netflix, and Mastercard made the cut.
- The best performer was Monster Beverage with a return of more than 70,000%.
- Watch Ross Stores, Apple, Mastercard, Idexx Laboratories, Ansys, Intuitive Surgical, Equinix, Tractor Supply, Netflix, and Monster Beverage trade live.
Stocks can soar and plunge on a daily basis, but over time, the companies that consistently and responsibly grow their operations and show clear signs of progress tend to be rewarded by investors.
The 10 best-performing stocks in the S&P 500 index since 2000 are listed below, starting with number 10.
10. Ross Stores
Shutterstock/Ken Wolter
Return: 4,161%
Ross Stores is the largest off-price retailer in the US, offering discounts of 20% to 60% on name-brand apparel, footwear, and other items compared to department and specialty stores. The company opened its first Ross Dress for Less in 1982 and now runs more than 1,700 stores across 38 states, the District of Columbia, and Guam.
Ross Stores has grown its revenue from $2.7 billion in the year to February 2001 to $15 billion last fiscal year, and net income from about $152 million to $1.6 billion over the same period.
9. Apple
Reuters
Return: 4,900%
Apple is one of the most valuable companies in the world with a market capitalization of more than $800 billion. Its founders, Steve Jobs and Steve Wozniak, together with current CEO Tim Cook, have revolutionized computing, communication, entertainment and other industries with products such as the iPod, iPad, iPhone, and Macintosh, and services such as the App Store, Apple Pay, and iTunes.
The tech titan sold close to 218 million iPhones last fiscal year. It has grown its net sales from just under $8 billion in the year to September 2000 to $266 billion last fiscal year, and net income from $786 million to $59.5 billion over the same period.
8. Mastercard
Reuters
Return: 5,495%
Mastercard, founded in 1966, is one of the world’s largest payment-services companies. It issues credit and debit cards under the Mastercard, Maestro, and Cirrus brands. It has more than 800 million cards in circulation, and recorded $5.9 trillion in gross dollar volumes in 2018, according to its annual report.
The group has grown its revenue from about $1.4 billion in 2000 to $15 billion last year, and its net income from $118 million to $5.9 billion over the same period.
See the rest of the story at Business Insider
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SEE ALSO: This century’s best-performing US stock sells energy drinks, not iPhones (MNST)
Source: Business Insider – tmohamed@businessinsider.com (Theron Mohamed)