Priceline.com Tops Bloomberg Businessweek 50
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NEW YORK--(EON: Enhanced Online News)--Online discount travel agency Priceline.com tops the 2010 Bloomberg Businessweek 50, the ranking of the 50 top-performing stocks over the past five years. Rounding out the top five are Intuitive Surgical, Southwestern Energy, Apple, and salesforce.com. In a period of tremendous economic turbulence, the stocks on the Bloomberg Businessweek 50 returned an aggregate 222.3 percent to shareholders, including reinvested dividends. Those who invested $10,000 in th a style='font-size: 10px; color: mar
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Priceline.com Tops Bloomberg Businessweek 50 Annual ranking highlights the 50 top-performing stocks over the past five years June 17, 2010 12:14 PM Eastern Daylight Time NEW YORK--(EON: Enhanced Online News)--Online discount travel agency Priceline.com tops the 2010 Bloomberg Businessweek 50, the ranking of the 50 top-performing stocks over the past five years. Rounding out the top five are Intuitive Surgical, Southwestern Energy, Apple, and salesforce.com. In a period of tremendous economic turbulence, the stocks on the Bloomberg Businessweek 50 returned an aggregate 222.3 percent to shareholders, including reinvested dividends. Those who invested $10,000 in this portfolio five years ago and kept it there would have $32,250 in their pockets today. The S&P 500 index, over the same period from Mar. 31, 2005, to Mar. 31, 2010, returned 10 percent. The Bloomberg Businessweek 50 is a reminder of the American economy’s ceaseless ability to renew itself. Strongly represented are old-line companies, including Union Pacific (No. 44), Peabody Energy (No. 49), and Cliffs Natural Resources (No. 9), all of which date back to the 1800s. The forces of innovation powered others up the ranks, from Apple (No. 4) and Google (No. 16) to biotechnology players such as Celgene (No. 13) and Gilead Sciences (No. 26), a leader in drugs to fight HIV. This year’s No.1, Priceline.com, nearly died in the dot-com bust and again in the aftermath of the terrorist attacks of September 11, 2001. Thanks to the management smarts of CEO Jeffery R. Boyd, who took over the top job in 2002, the company reinvented itself and went on to score a total return of 911.9 percent for shareholders over the past five years. The companies in the Bloomberg Businessweek ranking vary dramatically by size, from midcap salesforce.com (No. 5) to behemoths such as Hewlett-Packard (No. 28), the largest company on the list, with sales of $114.6 billion. On a percentage basis, it’s harder for big companies to generate incremental growth, which helps explain why so many large, successful U.S. corporations didn’t make our cut. Conversely, growth stocks are more prone to volatility. That makes the long-term success of our smaller superstars even more impressive. Regardless of market value, all 50 companies made the list by honing competitive edges through good times and bad. The Bloomberg Businessweek 50 ranking is featured in the June 21-June 27 issue, on newsstands June 18th. Expanded content, including an interactive table and slideshow, will be available on Businessweek.com at 5:00 pm. The 2010 Bloomberg Businessweek 50 Rank Company 5 Year Return 1 Priceline.com 911.9% 2 Intuitive Surgical 665.6 3 Southwestern Energy 473.9 4 Apple 463.8 5 salesforce.com 396.7 6 Express Scripts 366.8 7 Flowserve 342.2 8 FMC Technologies 310.4 9 Cliffs Natural Resources 306.9 10 Amazon.com 296.1 11 Titanium Metals 278.6 12 Cummins 278.3 13 Celgene 263.9 14 DeVry 248.2 15 Precision Castparts 231.7 16 Google 214.1 17 Range Resources 206 18 Western Digital 205.8 19 Big Lots 203 20 Cameron International 199.7 21 Airgas 181 22 Red Hat 168.3 23 CSX 163.8 24 Medco Health Solutions 160.5 25 Occidental Petroleum 159 26 Gilead Sciences 154.1 27 BMC Software 153.3 28 Hewlett-Packard 152.8 29 Quanta Services 151.1 30 Freeport-McMoRan Copper & Gold 150.4 31 McDonald’s 146.8 32 Akamai Technologies 146.7 33 Stericycle 146.6 34 Ventas 145.2 35 Millipore 143.3 36 Allegheny Technologies 138.3 37 FMC 135.8 38 Diamond Offshore Drilling 134.5 39 DirecTV 134.5 40 C.H. Robinson Worldwide 134.1 41 American Tower 133.7 42 Monsanto 132.8 43 Amphenol 130.1 44 Union Pacific 127.9 45 Noble Energy 123.5 46 Polo Ralph Lauren 123 47 Cognizant Technology Solutions 120.7 48 NVIDIA 119.4 49 Peabody Energy 116.6 50 AmerisourceBergen 114.9 Contacts Bloomberg Businessweek Patti Straus, 212-617-3279 or Heather Carpenter, 212-617-1661 or Amanda Cowie, 212-617-1689 Permalink: http://eon.businesswire.com/news/eon/20100617006246/en
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