The stock market is up about 30% over the last three years, which has fueled solid financial returns for most investors. A few investments have done far better than that, though, thanks to sharply improving operating results that consistently trounced expectations.
Below, we’ll look at three of these standout performers with an eye toward whether any of them represent solid buys today.
Top 10 Oil Stocks To Watch Right Now: Spectra Energy Partners, LP(SEP)
Spectra Energy Partners, LP (NYSE:SEP) is one of the largest energy master limited partnerships (MLPs) in the country, boasting more than 15,000 miles of transmission pipelines, 170 billion cubic feet of nat-gas storage and about 5.6 million barrels of crude oil storage, according to its own most recent data.
Spectra also is one of the more prolific payout raisers in energy.
The company has raised its distribution by about 50% over the past five years, which is plenty respectable. But Spectra has done it in style, announcing its 41st consecutive quarterly increase to its distribution in February.
Top 10 Oil Stocks To Watch Right Now: SolarEdge Technologies, Inc.(SEDG)
By focusing on panel sales, First Solar is opening the door for customers to choose inverters and other components required for a solar power system from external manufacturers. That has created a huge opportunity for solar component manufacturer SolarEdge Technologies (NASDAQ: SEDG). While it doesn’t produce its own panels, the company isn’t having any trouble cashing in on its niche in the industry.
Last year SolarEdge Technologies generated 35% gross margins and delivered operating income of $91 million. That’s an impressive level of profitability for total sales of $607 million. But it’s about to get even better. The company expects first-quarter 2018 revenue to jump 78% compared to the year-ago period, which easily outpaces the 24% top line growth from 2016 to 2017. Investors shouldn’t expect increases such as that every quarter, but this stock certainly offers a rare opportunity to capture above average growth and profitability.
Top 10 Oil Stocks To Watch Right Now: Kinder Morgan, Inc.(KMI)
Kinder Morgan Inc (NYSE:KMI) increased its quarterly dividend by 60%, raising its payment to 20 cents per share from 12.5 cents. Shareholders of record as of April 30 will receive dividends from the midstream energy company on May 15. Therefore, the company’s shares trade ex-dividend on April 27.
KMI Dividend Yield: 4.84%
Top 10 Oil Stocks To Watch Right Now: Salesforce.com Inc(CRM)
Salesforce.com, inc. (NASDAQ:CRM) has tripled since mid-2013, but its gains over the past 16 months have been truly impressive. Shares have quietly rallied 81% over that period, forming quite the uptrend in CRM.
This is one of my favorite names, because despite its $90 billion market cap, it still flies under the radar. Alphabet Inc (NASDAQ:GOOGL), Amazon.com, Inc. (NASDAQ:AMZN) and Microsoft Corporation (NASDAQ:MSFT) get all the credit for their cloud businesses.
Despite CRM still churning out incredible growth, it seems to be much less discussed than it was a few years ago. That’s not stopping the analysts, though. They expect annual revenue of about 20% for the next four years. On the earnings front, estimates call for almost 60% growth this year and another 26% growth next year.
While CRM is pretty expensive on an earnings basis, its sales-based valuation is actually pretty reasonable versus its peers. CRM has better growth than most of its large cap competition and far superior financials and cash flow compared to its smaller competition. It’s in a real sweet spot right now. Lastly, the company has a very long runway for growth — as seen by the long-term revenue predictions — giving investors confidence to buy the stock today.
Investors could easily draw an uptrend line on CRM’s chart to highlight the stock’s robust rally. But just look at the 100-day moving average instead. All three major moving averages are trending higher, but each time Salesforce pulls back to the 100-day, CRM has an intense bounce.
Top 10 Oil Stocks To Watch Right Now: Cypress Semiconductor Corporation(CY)
Cypress Semiconductor is a leading provider of high-performance digital and mixed-signal integrated circuits, and after shelling out $550 million for Broadcom’s Internet of Things business, its “WICED” platform is now one of the largest IoT portfolios in the industry. CY is currently a Zacks Rank #1 (Strong Buy) and is expected to witness EPS growth of 40% this fiscal year. The stock is also trading at an attractive 11.9x forward 12-month earnings. Meanwhile, CY sports a PEG of just 0.7, so investors know they are getting a great price for the company’s projected earnings growth.