Here’s mine last installment of the 14 top-performing stocks of 2016 (the an initial three stocks to be in my tower on January 5 and also the next 5 were in yesterday’s column). This edition will certainly cover the final six stocks the pulled turn off the superior feat the finishing the year with gains over 200%.
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Let’s obtain right to them!Top-Performing share #9: Navistar international (NAV) +255%
Navistar is a machine of medium and also heavy trucks, including the international brand that buses. (Just for the services of trivia, the firm used come be among the world’s premier devices of agricultural machinery, international Harvester.)
Navistar worldwide is sort of an outlier among the peak stocks the 2016. Its performance wasn’t driven by a bounce in commodity prices or the recovery of a certain industry. What it has in usual with many of the other top stocks is the its timing was perfect; after ~ falling native 40 in 2014, NAV regulated to hit bottom (at 6) in January 2016. So it caught its entirety rebound rally during the calendar year.
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Navistar suffered through several rounds of accountancy scandals and a dive in orders because that its armed forces vehicles a few years back, and also will always be dependent on large contract wins to stay healthy. But the company emerged from that unstable patch with lower costs and a concentration top top its main point business, having sold off several sidelines. Yes sir no way to tell even if it is Navistar’s recovery has a second act.
There’s no secret about why Hi-Crush had a an excellent year. Three of the 4 specialty chemical service providers that topped our 200% gain threshold for the year space fracking sand suppliers, consisting of Hi-Crush. The company was formed in 2012 specifically to obtain reserves of the premium monocrystalline sand that is offered as a proppant to increase oil & gas production in hydraulic fracturing wells.
After 3 years that triple-digit percentage development in sales, the downturn in exploration and production resulted in by lower oil prices caused the that company sales to dip in 2015. HCLP dropped from 72 in November 2014 to below 4 in late February 2016, climate rode the restore in oil price to steady growth.
So the the familiar story: A share that has actually dropped turn off the sheet of the people finally access time bottom and also rides a significant commodity rebound to wonderful gains. HCLP is a master limited partnership (MLP) that offered to salary a dividend the yielded much more than 10% a year. Lock suspended the dividend in 2015 once revenue go sour, and there might be part investors looking forward to a resumption.
There room two coal carriers on this year’s list of peak performers (see Westmoreland Coal, which is #14 below), yet that’s deceptive. SunCoke power is actually a coke company, which method it provides a coal-based product referred to as coke that’s offered in blast heating system production of steel. And that method that SunCoke’s success is much more closely regarded the resurgence of stole producers like AK Steel and U.S. Steel (which are large SunCoke customers and also were the fourth and fifth best performing service providers of 2016) 보다 to Westmoreland.
SunCoke, in addition to its U.S. Coke business, also gets a tiny revenue from a production facility and sales in Brazil and from charcoal transport and shipping, but over 90% the revenue still comes from coke sales in the U.S.
The chart mirrors that SXC made most of the gains because that the year from three surges on expanded volume, one in late January, one in February and also one in October. The company reported accident in Q1 and Q2, however got back on track in Q3. Analysts are expecting earnings to leap through 733% in 2017.
Nvidia is a genuine phenomenon, in component because it isn’t a fag story. NVDA has been in an uptrend since 2013, back its price of development steepened in so late 2015 and also skyrocketed in 2016.
Nvidia stock was featured 3 times during 2016 in Cabot height Ten Trader (in February, April and also May) and continues to be buoyed through the popularity of its chip designs for video game consoles (which to be in a big upgrade cycle throughout 2016), by incorporation of that chips in cars, datacenters and also artificial intelligence applications and also by its inclusion in virtual truth headsets and also systems.
Since Nvidia doesn’t have actually the overhead of factories, the after-tax profit margins were over 20% all year. You can see the four volume spikes same spaced along the chart together the company routinely exceeded analysts’ expectation in quarterly reports during the year.
U.S. Silica is prefer a more mature variation of Hi-Crush (#10 above); the got around two-thirds that its revenue native the revenue of sand together proppants in fracking oil & gas wells. But U.S. Silica likewise has customers in the glass, fillers, chemical and also ceramics industries, which offer it a small insulation indigenous the volatility of the fracking business.
While SLCA began the year through a small correction (as did just about every share in this report), its development during the year was smoother, with fewer sizable pullbacks. The company’s higher stock price made the attractive to institutional investors, who signed on in raising numbers during the year.
SLCA to be featured three times during the year in Cabot top Ten Trader (once in August and twice in October). The firm controls around 400 million tons of silica, so the future may be bright.
Westmoreland charcoal is a Colorado-based coal miner the controls 1.2 billion (with a B) tons of proven and probable to make reservation of charcoal in Montana, Wyoming, Texas and North Dakota. The agency mostly provides coal-fired electrical power generating plants, back it likewise owns a pair of its own in north Carolina.
The company has in reality been shedding money because that years, through losses soaring indigenous 42 cents per share in 2013 come $10.86 per share in 2014 and $11.36 in 2015. It is a trend that will certainly put press on a company’s stock price, and also sure enough, WLB fell from 45 in august 2014 come 3.44 in January 2016.
WLB really made 3 moves in 2016, the an initial in January and February lifted the stock to 8 in March, wherein it rest for 2 months, then to simply under 10 in June, whereby it spent virtually five months digesting the gains. Another rally in November ~ a confident November 1 earnings report kicked WLB to near 20 in early December and also it coasted to the end of the year with a steady correction the a suggest or so. Westmoreland is a large company (market cap is end $325 billion) and also news that it has actually beaten expectations have the right to still attract a ton the investors.
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So it is it for the top-performing stocks of 2016, a year of huge bounces in beaten under industries and a couple of continuing success stories. If you want to store up through the top-performing share of 2017, Cabot optimal Ten Trader is the ideal advisory to catch investment-grade stocks at an early stage in their advances.