Which are the hottest companies in the US, the ones that accumulate profits with the sack and seem to lead the developments in their industries?
The most anticipated list of the business world has been released again, providing a satisfying look at the emerging trends in the global economy.
Fortune Magazine published its ranking of the 100 fastest growing companies in USA for 2019, the barometer of financial strength itself.
As one would expect, the list is dominated by the technology industry (32 companies in 100, as last year), although not all the "hot" names were born in the age of the Internet. According to the magazine, the average age of these 100 companies is 38 years.
But how did Fortune's 33rd annual list of the fastest growing but also the most profitable companies, the ones with the most revenue and those that have made the biggest business leaps?
Fortune takes into account a number of indicators and growth rates, such as earnings per share share, revenue growth and stock return every three years. And speaking of stock returns, the top 100 companies on the list have returned an average of 29% in the last three years.
To put it another way, S&P 500 companies performed just 14,2% over the same period. Fortune's valuation is limited to US-listed companies with a market capitalization of at least $ 250 million.
What do we learn in a nutshell from the ranking? How the once state-owned and dominant energy sector continues to show recession, but also that there are no longer tried and tested recipes for success. Not every fast growing company is a child of the internet, but so is its industry technology does not necessarily guarantee commercial success.
Fortune's rigorous methodology for judging the future of business is based on inviolable criteria. To qualify for a business (US or foreign), its shares must be traded on a large US stock exchange, its balance sheets must be published in dollars, it must submit quarterly data to the US Securities and Exchange Commission, and it must have a minimum market capitalization of $ 250 million. , a share price of at least $ 5 (June 28, 2019) and continuous representation on the stock exchange from June 30, 2016.
So let's see what are the investment magnets for 2019…
The software company from Connecticut has been playing in Fortune's fastest growing companies for the last 4 years. It mainly deals with investment programs, business management software and such digital services.
We are talking about a company that has managed to increase its annual revenue by 44% in the last 3 years, closing the four quarters (until April 2019) with revenues of $ 4,13 billion. Its share has risen by 28% and its capitalization crystallized in June 2019 at 14,57 billion dollars.
Based in Hamilton Bermuda, the giant of the wholesale trade remains the No. 1 lessor of containers, with which goods are transported by trains, trucks and ships. Here we have a company with an annual profit growth rate of 98% and its share to return 44% per year for the last 3 years.
It has annual revenues of $ 1,46 billion and a market capitalization of $ 2,48 billion.
With 174 local TV stations in its hands, Nexstar reaches 38,7% of US households. From 36th place on last year's Fortune list, it climbed to 8th this year, as it remains the second largest TV owner in the US.
Nexstar revenue, based in Texas, show an annual growth rate of 52% in the last 3 years (on average), at the same time that its share returns 31% per year (same period). Its revenues reached $ 2,77 billion last year and its capitalization is now valued at $ 4,65 billion.
The colossus on graphics cards for smartphones, tablets, laptops, consoles and other devices lately invests what they have and do not have in artificial intelligence. The technology company from Santa Clara, California has seen a 35% increase in revenue and an 82% increase in annual profits over the past three years.
As for its share, it returns 52% in the last 3 years, now having a capitalization of $ 100 billion. As for the revenues of the last year, they exceeded 10 billion.
Another technology company, specializing in human resource management software and online payroll services, is growing at an insane rate. Its capitalization in June 2019 was at 13,26 billion dollars and its share has returned 74% annually over the last three years.
As for the company's revenues from Oklahoma City, they increase by 34% annually, counting last year $ 612 million.
Ο most popular streaming provider continues to be strong and robust, despite the fact that its estimates for an increase in its subscription base in the last quarter have not been verified. California-based Netflix has seen revenue rise 33% year-over-year (over the past three years), at the same time as earnings per share continue to fly high, giving it an astronomical 129%.
As for the share, it returns 59% annually for the last three years. With last year revenue of $ 16,61 billion, the streaming giant has a market capitalization of $ 160,6 billion, but is expected to face stiff competition from Disney and Apple in the coming months.
The Californian pharmaceutical industry is a new addition to Fortune's annual list of the fastest growing companies. Its revenue climbed to 74% and its share returned 27% (always for the last three years). Corcept Therapeutics was founded in 1998 and is involved in the development of innovative drugs for cancer and psychiatric illness.
With a market capitalization of $ 1,28 billion today, Corcept closed with $ 258 million in revenue last year.
Micron Technology is the leading manufacturer USB drives, flash memory and other peripheral storage media. Based in Idaho, USA, its share has returned 41% between June 2016 and June 2019, while its revenue increases by 38% per year (during the same period).
Micron reported revenue of $ 29,98 billion in the last four quarters, with a market capitalization of $ 42,59 billion.
The Texas Pacific Land Trust is a land trust that holds more than 900.000 acres in Texas. We are talking about a real estate / investment company from Dallas which was founded in 1888 and makes money from arable land rents, land use rights from oil and gas companies and other such leases.
Although it has sold almost 75% of its original area, it remains Texas's largest private landowner, holding a 68% stake in the last three years and earning $ 432 million a year (annual growth rate of 85 %). As for its capitalization, it is around 6,1 billion dollars…
A social network, a Chinese social network, is the fastest growing company for 2019. Born in March 2011, Momo started as a dating app before it became a regular social media with live streaming and gaming applications, gathering 114,4 million active users per month (March 2019).
Based in Beijing, Momo reported revenue of $ 2,14 billion in the last fiscal year, with its share yielding 53% per annum and its revenue growing by 141% over the last three years. With a market capitalization of $ 7,42 billion, it has become a social networking giant in the world's largest market…