Only three stocks are in the green this year and have had positive returns every year for the past decade, data shows. Insurance company Progressive Corp and aerospace producer TransDigm Group – both US-listed – along with Canadian convenience store operator Alimentation Couche-Tard are the only three stocks in the MSCI World Index to achieve this feat. The Canadian stock is also the largest holding in the only ETF to make annual gains over the past decade. CNBC Pro screened the MSCI World index of more than 1,500 stocks in 23 developed countries for stocks with positive annual returns between January 1, 2013 and March 1, 2023. Progressive Corp (Ticker PGR) Progressive is an insurance company specializing in auto and home insurance, with customers in all 50 states and Australia. According to FactSet data, the company’s stock has delivered a total return of 824% since 2013, compared to the 237% increase in the S&P 500 over the same period. The compound annual growth rate (CAGR) over the decade is 24%, versus 12.7% for the US benchmark. PGR .SPX Line 2013-01-01 The stock is also expected to rise another 3.3% over the next 12 months, according to the median average of analyst price targets compiled by FactSet. “Shares of Progressive are not ‘cheap’ at current levels, but we believe growth potential will keep the stock higher,” Roth MKM investment bank analyst Harry Fong said in a note to clients on Feb. 13. Alimentation Couche-Tard (Ticker ATD) Alimentation Couche-Tard is one of the largest convenience store operators in North America, operating stores under various brands, including Circle K and Mac’s Convenience Stores in Canada, the United States and Europe. ATD has achieved a total return of 725% and a CAGR of 23% over the last ten years. The stock is up 5.7% this year and analysts expect it to rise another 8.4% over the next 12 months. The Toronto-listed consumer staples company announced further expansion into the United States earlier this week through the acquisition of Big Red Stores in South America. ATD-CA .SPX mountain 2013-01-01 TransDigm Group (Ticker TDG) TransDigm is an American aerospace parts manufacturer that supplies parts to commercial airlines such as Boeing and Airbus and military aircraft manufacturers such as Lockheed Martin and General Dynamics. TDG shares are up nearly 900% over the last decade, in addition to this year, representing 25.4% of the total CAGR. Shares of the company were green even in 2020 despite the impact of Covid-19 restrictions, though the stock suffered significant volatility that year. TransDigm’s stock is expected to rise 7.5% over the next 12 months, according to the median average of analyst price targets compiled by FactSet. TDG .SPX line 2013-01-01
Stocks that have risen every year for a decade with an increase
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