Learn How These Companies Keep Creating Their Own Successes
When it comes to the short term, the stock market is much like the weather — it can change at the drop of a hat and even the most skilled forecasters can only tell so much. Over the long haul, however, a rising stock price tends to sync with a company’s revenue and earnings growth. If you want a glimpse at some of the latest Wall Street success stories, keep reading to see which stocks have been matching the rising stock market with equally impressive revenue and profits. Even when the market falls, these companies are in better shape to weather the storm.
Click through to read about the things you should do in a falling stock market.
Even though Facebook is currently dealing with the largest scandal in the history of the company, the house that Zuckerberg built is certainly still growing by leaps and bounds. The social network has had some seriously impressive growth: Year-over-year revenue grew from $27.6 billion in 2016 to $40.7 billion in 2017 and profits have more than quadrupled since 2015.
Netflix
When it comes to profits, Netflix is certainly not “chill” — in fact, last year’s net income nearly tripled the figure from 2016, and its revenue saw a nearly $3 billion jump to $11.7 billion. Netflix stock has always been volatile, but it has made tremendous gains, too.
Grubhub
There are fewer things that motivate people to reach for their wallets more than hunger and convenience — and food delivery app Grubhub just married the two. Perfect for when you’re feeling lazy, Grubhub turned into the ultimate guilty pleasure app by partnering with many restaurants across the nation to provide delivery where there once wasn’t, and the idea is paying off in spades. In 2017 alone, the $99 million in earnings is nearly double those from the year prior.
Yelp
Thanks to restaurant review service Yelp, you’ll never have to go in blind to a new restaurant. Yelp saw some profits for the first time ever in 2017, finishing in the black with over $152.9 million — a far cry from 2016’s balance of $4.7 million.
Click through to see which stock could be the next Apple or Amazon.
This article originally appeared on GOBankingRates.com: Learn How These Companies Keep Creating Their Own Successes
