Motley Fool Explorer Lead Advisor Simon Erickson Shares Three Top Growth Stocks For 2017
By The Motley Fool // January 11, 2017
Illumina, Ellie Mae and 2U show potential
(THE MOTLEY FOOL) – Now that we’re officially into 2017, it’s time again for me to reveal three growth stocks that I expected to outperform the market in the coming years.
This is now the fourth year running of my new year’s prognostications.
As is often the case for growth-style, “Rule Breakers” investing, our previous list of ideas have had some big winners and some big losers.
2015 recommendation Ubiquiti Networks (NASDAQ: UBNT) has nearly doubled in value in two years, while Stratasys’ (NASDAQ: SSYS) stock price has fallen by 80 percent.
When taken together, 2014’s picks have gained an average absolute return of 23 percent, 2015’s have returned 69 percent, and 2016’s have lost 32 percent.
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| Company | Starting Price | Recent Price | Total Return |
|---|---|---|---|
| Stocks for 2014 | 23% | ||
| SolarCity* | $57.35 | $23.51 | (59%) |
| Zillow | $26.79 | $36.45 | 36% |
| MercadoLibre | $106.88 | $156.14 | 46% |
| Stocks for 2015 | 69% | ||
| Ubiquiti Networks | $29.64 | $57.80 | 95% |
| Stratasys | $83.11 | $16.54 | (80%) |
| Veeva Systems | $26.41 | $40.70 | 54% |
| Stocks for 2016 | (32%) | ||
| Splunk | $57.20 | $51.15 | (11%) |
| FireEye | $21.64 | $11.90 | (45%) |
| Arista Networks | $78.28 | $96.77 | 24% |
| S&P 500 | |||
| Since 2014 | $1,841.07 | $2,238.83 | 22% |
| Since 2015 | $2,020.58 | $2,238.83 | 11% |
| Since 2016 | $1,990.26 | $2,238.83 | 12% |
ABOVE GRAPH: Starting prices are as of the original publishing dates: 12/30/13, 1/1/15, and 1/5/16. Total return figures include S&P dividends. Zillow split into two classes during 2015; we are tracking “zg.” solarcity was acquired by tesla motors in november 2016 in an all-stock deal; recent price reflects the equivalent of 0.11 shares of tsla. Prices and returns are as of 1/2/17. Data source: S&P Capital IQ and S&P Dow Jones indices
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