Connect with us

Business

Finance: Growth stocks to beat market

Legacy Phuket Gazette

Published

 on 

PHUKET: Growth stocks are always popular with Wall Street and retail investors alike because they are companies with sustainable positive cash flows along with revenues and earnings that are expected to grow at an above-average rate relative to the stock market.

Here are a couple of individual growth stocks that could be a good fit for your portfolio:

Gilead Sciences, Inc (NASDAQ: GILD) is a large cap biopharmaceutical stock with a nearly US$150 billion market cap. Gilead Sciences’ portfolio of products and pipeline of investigational drugs includes treatments for HIV/AIDS, liver diseases, cancer, inflammatory and respiratory diseases and cardiovascular conditions. In other words, a fairly well diversified portfolio covering some of the most common ailments faced globally, plus shares had an attractive 1.68 per cent dividend yield as of late September.

However, there could be an additional risk for investors in biotech/pharmaceuticals to consider as, although the next US Presidential election is still one year away, the political silly season has already begun with a Hillary Clinton tweet railing against drug prices.

Enanta Pharmaceuticals Inc (NASDAQ: ENTA) is a small cap biotechnology stock with a market cap nearing US$700 million. It is focused on developing drugs for viral infections and liver diseases, including hepatitis C virus (HCV) and non-alcoholic steatohepatitis (NASH). An estimated 130–150 million people globally have chronic hepatitis C infections, while NASH is becoming more common in developed countries affecting two to five per cent of Americans, possibly due to rising rates of obesity.

Enanta Pharmaceuticals is also positioned for growth as it developed one of the two direct-acting antivirals used in AbbVie’s (NYSE: ABBV) FDA approved Technivie treatment for hepatitis C (as well as another AbbVie hepatitis C combo therapy) and it’s therefore entitled to milestone and royalty payments on net sales of the drugs.

Synaptics, Incorporated (NASDAQ: SYNA) is a small cap tech stock with a market cap around US$2.4 million. It is a worldwide developer of custom-designed user interface solutions such as touch, display and biometrics products that are designed for mobile computing, communications and entertainment devices in the mobile, PC and automotive industries. Synaptics itself would also be an important supplier to both Apple and Samsung or any other device or technology makers in Asia.

Growth stocks also tend to come with a catch for income-seeking investors, as they usually don’t pay dividends because management is focused on reinvesting any retained earnings into capital projects to keep up the growth momentum.

Finally, individual growth stocks may also be held by the ETFs and other funds that you own – meaning you could have exposure to them without realizing it. That’s why you should always consult with an investment advisor who will make an appropriate asset allocation based upon your entire portfolio.

Don Freeman,BSME is president of Freeman Capital Management, a Registered Investment Advisor with the US Securities Exchange Commission (SEC). Based in Phuket, he has over 15 years’ experience working with expatriates, specializing in portfolio management, US tax preparation, financial planning and UK pension transfers. Don can be reached at: 089-970-5795 or email: freemancapital@gmail.com.

— Don Freeman

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Singapore23 mins ago

Survey shows Singaporeans making travel plans as country eyes re-opening

Thailand26 mins ago

Media banned from spreading fake/distorted news, violators could have internet cut

Coronavirus (Covid-19)57 mins ago

21 of yesterday’s Covid-related deaths died at home

Sponsored22 hours ago

Experience Phuket’s Islands with 5 Star Marine

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Best of1 hour ago

Top 5 shopping malls Phuket

Coronavirus Vaccines1 hour ago

11 charged for allegedly selling fake Bang Sue vaccination appointments

Koh Samui2 hours ago

Samui re-opening plans under threat as island infections rise

image
Join the conversation on the Thaiger Talk forums today!
Thailand2 hours ago

Field hospital set up in Phuket Rajabhat University for Covid-19 patients

Coronavirus World3 hours ago

Vaccine hesitancy testing the patience of fully inoculated Americans

Coronavirus (Covid-19)4 hours ago

Friday Covid Update: 17,345 new cases and 117 deaths

Phuket11 hours ago

Domestic travel to Phuket all but banned starting August 2

Coronavirus (Covid-19)12 hours ago

Despite Covid-19 Phuket Sandbox continues at least 2 weeks

Coronavirus (Covid-19)14 hours ago

Chulalongkorn University progressing on domestic mRNA vaccine

Koh Samui18 hours ago

Black Club Covid-19 outbreak on Koh Samui widens

Thailand19 hours ago

Possible earthquake in Nonthaburi this morning

Best of19 hours ago

Chiang Mai’s 8 most indulgent spa hotels

Thailand5 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism5 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket5 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism5 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand5 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism5 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand6 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand6 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand6 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand7 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand7 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand7 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand7 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand7 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand7 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Trending