The strongest performing shares of 2003 include Google Inc (NASDAQ: GOOG), Yandex (NASDAQ: YNDX), Office Depot Inc. (NYSE: ODP), Humana Inc. (NYSE: HUM) and Staples Inc (NASDAQ: SPLS). Even though the shares of Humana Inc in the beginning of 2013 Sled by over 9% to just over $70 per share swift trading of the shares allow them to recover despite an unfavorable proposal by the federal government on Medicare advantage states to be proposed in 2014. While the other insurers are also trading low including UnitedHealth Group Inc, Humana Inc is doing quite well.
Office Depot has over 1200 stores across several countries and the company posted revenues of over $11 billion in 2012. The company is currently in talks with OfficeMax despite facing stiff competition from Staples Inc and Amazon.com. The shares of Office Depot have been one of the best performing shares since early 2013 when they went up more than 29% to over five dollars in early trading. In comparison OfficeMax shares were up by 29% to just over $13 in early trading.
The Russian Internet company Yandex announced its annual earnings to be more than $97 million which is a 35% increase from the previous year, the revenues of the company also increased by 37% to just over $290 million. Since the earnings of the company have fallen short of the estimates by analysts the shares of the Russian Internet giant have taken a beating by plunging to $23.27 in early trading which is a plunge of over 9%. Trading has been quite dismal since several investors have issued a downbeat guidance for investment in the shares of Yandex.
Staples Inc is one of the main competitors of OfficeMax and Office Depot. Ever since the news of the merging of the two main competitors at Staples Inc has emerged the shares of Staples Inc have searched by more than 15% to just less than $15 in early trading. The merger of the number two and number three companies providing office products have actually helped the number one company in the office products industry. Hence Staples Inc is one of the best companies to invest in.
Shares of Google Inc has been doing well since the last two years despite several search engines being launched and becoming the main competitors of Google. The shares of Google Inc crossed $800 in the week beginning, 18 February 2013. This is the first in the history of the company and investors expect the shares of Google Inc to perform even better.
Medtronic Inc is one of the largest medical technology companies and is also one of the best performing shares on the New York Stock Exchange. The earnings posted by the company in the third quarter have been far better than the expectations of analysts and the shares of the company experienced a surge of 4% causing the shares to be traded at just over $45 per share. With improving revenues every year investors expect the shares of Medtronic Inc to perform even better in the coming months.