If you are looking for a way to enrich your trading portfolio, we advise you to take a look at the best-performing stocks, based on their one-year achievement. The previous year was certainly a rollercoaster when it comes to companies' performances. Some of them experienced a massive rise and others faced failure. Well, that’s all part of the business but let’s see what companies can take pride in their performance in the last year. This might be beneficial to everyone who wants to experience new things and start trading with new stocks.
If we give you three names — Teladoc Health, The Trade Desk, and Zynga would you know what’s the only thing they have in common? Over the next year, they managed to have returns between 50 and 190 percent. So, it’s an outstanding performance that connects these three companies.
Teladoc Health Inc (NYSE: TDOC)
Teladoc Health Inc (or formerly known as Teladoc Medical Services) is a multinational company based in the United States whose field of research is the distribution of health-related services and information via electronic information and telecommunication technologies as well as virtual healthcare.
Now you understand why this company experienced a rise in the past year. In a short period of time, it became a leader in virtual-care and the yearly worth of that market in the United States is estimated at $250 billion.
But, if this is not enough, Teladoc Health also provides care for those who want to manage anxiety, pain, hypertension, and other problems caused by the current situation. So, it’s no wonder we chose to put this company on the list today.
Once this company delivers its final numbers experts expect to see a massive rise in numbers. To be more precise, it’s possible that within the last year, Teladoc Health gained 50 million total members and if we compare it to the results from 2019 (36.7 million members) we get results that are more than satisfying.
The Trade Desk (NASDAQ: TTD)
This is the largest independent demand-side platform that provides real-time ad pricing and placement for advertisers at agencies and brands. This company has a very interesting history and big achievements. From being an alpha partner in Facebook Inc to launching an AI forecast engine and being named as one of the 10 most promising companies according to Forbes.
But what happened last year, that put The Trade Desk on our rising-star list? Well, we will tell you just one thing. The platform was launched in 2011. In 2012, it earned the first million, and in 2019 that amount raised to $1 billion per quarter. As you can see, this is an amazing result and the best thing of all — since 2013, The Trade Desk has been a profitable company.
If you want to speak the language of finance, The Trade Desk had $216.1 million in revenue and $41.2 million in earnings in the third quarter of 2020. So, it’s no wonder traders became interested in it.
Zynga (NASDAQ: ZNGA)
You may not know about Zynga, but most certainly you’ve heard about the products of this company. This is a social game developer, founded in April 2007. The main focus of this company is mobile and social networking platforms and some of the most popular games they created are FarmVille (on Facebook), Zynga Poker, and Words with Friends.
If we are looking at the reports they published recently, this company had the best year since its founding. In the third-quarter revenue and operating cash flow were increased by 46% and 65% to $503 million and $113 million.
Currently, the price of Zynga stock is $10.71, and if we keep in mind how popular online gaming on social media is, we can assume this amount will grow more and more within the years.
The Bottom Line
If you are interested in the Forex market, you won’t be surprised by our choice. These companies showed impeccable results and a big rise and that’s what makes their stocks worth. Of course, we cannot know what the future holds and how they will perform, but for now, they are a good buy.