Apple, Tesla, NVIDIA & Co.: These stocks have increased in value tenfold or more in the last ten years

shares in this article

MSCI

EUR 430.20
-1.10%

indexes in this article

• More than 30 Tenbagger stocks in the Russell 1000
• Includes well-known companies such as NVIDIA, Tesla and Apple
• Technology sector dominates

The term “tenbagger” entered stock market jargon with the book One Up On Wall Street by former star manager of Fidelity’s multibillion-dollar Magellan Fund, Peter Lynch, in 1989. Tenbaggers are stocks that increase in value by a factor of 10 or more.

33 Tenbagger stocks – Tech sector most represented

Bespoke Investment Group recently singled out the stocks that have been tenbagger over the past decade. According to the data analytics company, as of April 12, 33 stocks in the Russell 1000 have risen in value by more than 1,000 percent over the past decade. The S&P 500 Tracking ETF is up 211 percent over the same period.

Among the tenbaggers are 16 stocks from the technology sector, which is the largest sector among the tenbaggers, six companies are from the healthcare sector, five from the industrial sector, two from the consumer goods sector, two from the communication services sector, one from the energy sector and one from the financial sector.

These more than 30 companies include industry giants such as NVIDIA, Tesla, Plug Power, AMD, Broadcom, Netflix, Apple and Microsoft. But some companies that may be a little less well-known have also been able to increase their value significantly over the past ten years: Horizon Therapeutics, Enphase Energy, DexCom, Axon Enterprise, Texas Pacific Land, Monolithic Power, Repligen, Ubiquiti, Fortinet, Lattice Semiconductor, MSCI , Builders Firstsource, Fair Isaac, Cadence Design Systems, Lam Research, Old Dominion Freight, World Wrestling Entertainment, ServiceNow, EPAM Systems, Insulet, West Pharmaceutical Services, Churchill Downs, Cintas, KLA and Mirati Therapeutics to Bespoke’s Tenbagger List.

The top ten and other important companies

According to Bespoke, the shares of the tech company NVIDIA have risen the most in the past ten years, with an increase of around 8,834 percent, followed by the shares of the US electric car manufacturer Tesla, which are worth around 6,304 percent more today than in 2013. The podium completes the US hydrogen company Plug Power. The Plug Power share has increased in value by around 5,477 percent over the ten years. The semiconductor company AMD finds itself in fifth place. AMD stock has risen by around 3,692 percent since 2013.

In addition to NVIDIA and AMD, Enphase Energy (+ 3,248 percent) and Monolithic Power (+ 2,262 percent) include two other companies from the technology sector in the top ten. In addition to Plug Power, Axon Enterprise (+ 2,669 percent) is another company from the industrial sector among the stocks with the strongest growth. From the energy sector, Texas Pacific (+2,618 percent) made it into the top ten. Also, two healthcare companies — Horizon Therapeutics (+4,264%) and DexCom (+2,730%) — are among the stocks that have risen the most over the past decade.

Broadcom makes it to eleventh place in the list. Broadcom’s stock price has risen about 2,210 percent over the past decade. Streaming provider Netflix ranks 21st, with an increase of around 1,267 percent within the last ten years. With an increase of around 1,113 percent, the iPhone group Apple made it to 26th place among the tenbaggers. Two places further, in 28th place, is the hardware and software provider Microsoft, whose shares increased by around 1,084 percent.

Editorial office finanzen.net

Image sources: PopTika / Shutterstock.com, ESB Professional / Shutterstock.com