Results From InvestorPlace's Best Stock Contest Luis Hernandez, Managing Editor of InvestorPlace.com here.
We're approaching the last trading day of 2018 so I thought I'd check in on the results for the 2018 InvestorPlace.com Best Stock contest ... And see what our experts are picking for 2019 ...
We've conducted this contest for the last several years and it's a favorite of our readers. I hear more from our readers about our annual "Best Stocks" contest than I do about any other topic.
We ask nine experts to pick one stock that will outperform all others, and we poll readers for one more pick.
The results usually produce some surprises. That's to be expected when you ask market experts to select one stock they think will outgain all the others in a single year.
But this year the results really surprised our editors.
If you'd invested equally in all the picks this year, you would have made money in 2018.
About 11%. When you look at an S&P return of -8% so far in 2018, our analysts' return looks especially solid. That's not to say all the picks were winners ... certainly not.
But if you had invested $10,000 split between the 10 stocks equally ($1,000 invested in each stock), you'd be $1,094 to the plus side (as of the market's close on Dec. 26).
Impressive after what has been a crazy volatile year.
If you want to read about all the picks, why they were made and how they fared, check out our tracking page here.
The contest isn't over yet. It doesn't officially end until the market close on Dec. 31, and we will update the stats, plus get a column from the winning picker about why their choice outperformed the competition. We've already got the choices lined up for 2019. Check out everyone's picks here. We will assign prices when the market closes on Dec. 31.
Click the links to read why each picker feels this stock will be the winner in 2019. - Adobe (ADBE), by John Jagerson and Wade Hansen
- Amazon (AMZN), our Readers' Choice award
- Charlotte's Web Holdings (CWBHF), by Matt McCall
- Canada Goose (GOOS), by Will Ashworth
- Lululemon (LULU), by Louis Navellier
- LyondellBasell (LYB), by Charles Sizemore
- Syrah Resources (SYAAF), by Eric Fry
- Teladoc (TDOC), by Jason Moser
- Viper Energy Partners (VNOM), by Neil George
- Weibo (WB), by Kyle Woodley
We update the results every quarter so feel free to keep up with the results.
We hope you enjoyed the holiday season and we will resume a more regular publishing schedule next week. To a richer life ... Luis Hernandez, Managing Editor and the research team at InvestorPlace.com P.S. Where should the savvy investor look for performance in this market? Legendary investor Louis Navellier believes this year's tax reform law will cause an avalanche of money to rush into the markets in the coming months. In his Growth Investor newsletter, he's recommending that his readers buy specific dividend stocks that are positioned to take advantage. To learn more about the dividend stocks he is recommending for immediate purchase, check out Louis' critical report here.
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