Ocado,
In total, 41 stocks across the London Stock Exchange’s Main Market and AIM have seen their share prices climb by over 1,000 per cent between
Just over a third (34 per cent) of these are listed on the UK’s Main Market, showing investors that you do not necessarily need to make more speculative investments in AIM listed companies to achieve major growth, according to new research shared with City A.M. this morning.
The top performer over the period is
Ashtead , theFTSE 100 industrial equipment supplier has seen its share price rise an astronomical 3,910 per cent.
The firm has consistently reported annual double-digit revenue and earnings growth, which has been reflected in the rising share price, data from Bowmore Asset Management showed.
Number two on the list is
The next two best-performing stocks have been miniature wargame maker
Tech and e-com dominate
Dominating the list of stocks to have risen 1,000 per cent or more are firms that have adopted tech-driven business models.
These account for almost half (43 per cent) of the Main Market stocks to have risen over 1,000 per cent.
Online grocery retailer, Ocado, share price has risen 1,690 per cent. This is partly due to its proprietary technology which uses robots to pick groceries
Ocado has licensed this technology to supermarkets around the world and it’s the growth potential in this area which has excited investors.
Other firms embracing technology include gambling firm
Package holiday provider
Its lower cost base, due to a lack of physical stores, means it has been able to deliver better earnings growth than many of its peers.
Athleisure clothing retailer
For example, despite multiple periods of store closures during a Covid-impacted year to
Top 10 best-performing LSE stocks since 2011
“Investors looking for significant growth don’t need to pin all their hopes on companies listed at the smaller and arguable more speculative end of the market,” said
Over a third of companies that have seen their share prices climb by more than 1,000% over the past decade are listed on the Main Market.
“This demonstrates that investors can achieve exponential growth from steady, high-quality companies. Investors should look for firms that have high returns on capital and are able to scale and compound those returns over time,” Incledon told City A.M.
“Whilst hundreds of companies, particularly on AIM, have seen their share prices rise over 1,000 per cent, many can’t sustain those levels and often seen the share price retreat as fast as they climbed.”
“Only a select few are able to sustain their returns for more than a decade,” he concluded.
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