And all have had an incredible run in the last nine years. Netflix for one is up nearly 8,400% since March 9, 2009 when this bull market began.
But according to recent analysis by Morningstar, Netflix is the only one of the FAANGs to have even cracked the top 20 stocks in this bull run.
The best performers in this nine-plus year bull market have been small, obscure companies that are in many cases pretty boring. And all of the top 5 have cumulative total returns of 13,000% or higher.
Here are the top 5 stocks by total return.
#1: Patrick Industries (NASDAQ: PATK)
Total Return: 39,000%
Patrick Industries manufactures the component products, and distributes the building products and materials for RVs, and manufactured homes.
The stock has been riding high on the back of growth in the industry, acquisitions, and solid geographic expansion.
The stock is up around 19% already this year and could still push higher. PATK’s top and bottom line both registered 60% year-over-year growth last quarter, and the company maintained an organic growth level in excess of 30%.
Patrick Industries’ EPS is expected to grow nearly 42% this year, and its 25% ROE is a good indicator of its growth potential.
The average analyst price target for PATK is $79.57, or 38% higher than today’s prices.
#2: Jazz Pharmaceuticals (NASDAQ: JAZZ)
Total Return: 28,600%
This small drug maker’s stock is up 17% year-to-date driven by solid growth in its Xyrem drug, increasing enthusiasm for its pipeline, and the anticipation of possible M&A activity.
Analysts have estimated Jazz’s earnings will come in between $475.18 and $464.60 million this quarter. The company posted sales of $394.39 million in the same quarter last year, indicating positive year-over-year growth of just over 19%.
Last quarter, the company handily beat estimates, reporting $2.98 EPS for the quarter compared to analysts’ consensus estimates of $2.78 by $0.20. It also reported revenue of $444.61 million compared to the consensus estimate of $435.69 million for the quarter.
Citigroup analysts reaffirmed their Buy rating on JAZZ yesterday with a price target of $205 – 14.5% higher than today’s closing price.
#3: MGP Ingredients (NASDAQ: MGPI)
Total Return: 17,500%
This stock might be my favorite on the list. Why? Bourbon – I’ll take mine neat.
MGP is one part distiller, selling spirits ranging from bourbon to rye whiskey to distilled gin, and one part food supplier of ingredients like wheat starches and proteins for packaged goods manufacturers and other distillers.
The stock gained 1,042% in 2009 alone, and has since continued its meteoric rise. Right now, the stock is up 22% year-to-date.
Last quarter, MGPI’s trailing twelve-month earnings jumped 29.13% from the same quarter last year to $41.15 million. The company is also working on reducing its debt, which has dropped from $43.69 million to $32.24 million in the past year.
#4: Sleep Number (NASDAQ: SNBR)
Total Return: 14,800%
You’ve no doubt seen Sleep Number’s commercials or seen one of their storefronts in your local mall. This Minneapolis-based company sells specialized, adjustable mattresses directly to consumers.
While one of their mattresses may help you sleep better at night, its stock likely won’t. Despite rising almost 15,000% in the last 9 years, it has seen some wild swings since 2012.
But if you believe the analysts covering the stock, the next few years should be interesting. Eight analysts covering the stock are forecasting earnings to rise significantly from today’s level of $1.526 to $2.638 over the next three years, resulting in an annual growth rate of 10.04% on average.
There’s some speculation that SNBR could be a takeover target for Amazon as the massive internet retailer grows its mattress business. But as Amazon sells primarily cheaper mattresses, and Sleep Number sells much more expensive and high-tech mattresses, it could be a long shot.
#5: GTT Communications (NYSE: GTT)
Total Return: 13,900%
GTT was the only tech company to crack Morningstar’s list of the top 10 highest cumulative return stocks.
The company is a low-infrastructure telecommunications company that provides IP transit, MPLS transport services, managed services, voice and unified communications for enterprise, government, and carrier customers.
GTT operates in over 100 countries and recently completed a $2.3 billion cash purchase of Interoute, the operator of one of Europe’s largest private fiber networks, helping to cement its fiber footprint to 126 cities in 29 European countries with more than 1,000 clients in the region.
The stock is down nearly -10% this month for seemingly no reason, which may make for a good buying opportunity for GTT. In May, KeyCorp analysts upgraded the stock to Overweight with a price target of $57, or 24% higher than today’s price.