3 Stocks That Have Grown Revenue Fast

Linde PLC tops the list

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The S&P 500 index, which is the main benchmark for the U.S. market, grew its total sales by 4.1% on average every year over the five years from Dec. 31, 2014 to Dec. 31, 2019.

Over the past five years through May 1, shares of the S&P 500 increased by about 34.3% to close at a price of $2,830.71 per unit.

The following companies have surpassed the benchmark in terms of higher revenue growth over the past five years. As a result, their stocks delivered share price returns in the range of 45% to 75%.

Wall Street sell-side analysts have also recommended optimistic ratings of hold to overweight for these stocks.

Linde PLC

The first company that meets these criteria is Linde PLC (LIN, Financial).

The Dublin-based producer and distributor of atmospheric gases in North America and internationally saw its revenue per share grow by 5% on average every year over the past five years.

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The share price increased by 47.5% over the past five years to close at $180.33 on Friday for a market capitalization of $94.71 billion, a 52-week range of $146.71 to $227.85 and a price-sales ratio of 3.48.

GuruFocus assigned a positive score of 6 out of 10 to the company’s financial strength and a remarkably high score of 8 out of 10 to its profitability.

Wall Street sell-side analysts recommend an overweight rating for this stock and have established an average target price of $212.52 per share.

Marsh & McLennan Companies

The second company that possesses the above-listed criteria is Marsh & McLennan Companies Inc. (MMC, Financial).

The New York-based insurance broker saw its revenue per share grow by 6.8% on average every year over the past five years.

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The share price increased by 70.2% over the past five years to close at $97.1 on Friday for a market capitalization of $48.95 billion, a price-sales ratio of 2.98 and a 52-week range of $74.34 to $119.88.

GuruFocus assigned a moderate financial strength rating of 4 out of 10 and a high rating of 8 out of 10 to its profitability.

Wall Street sell-side analysts recommend an overweight rating for this stock and have established an average target price of $108 per share.

PerkinElmer

The third company that qualifies is PerkinElmer Inc. (PKI, Financial).

The Waltham, Massachusetts-based provider of products and solutions for clinical diagnostic and life science research organizations worldwide saw its revenue per share grow by 8% on average every year over the past five years.

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Over the past five years, the share price increased by 71.13% to close at $89.09 on Friday for a market capitalization of $9.92 billion, a price-sales ratio of 3.45 and a 52-week range of $62.91 to $102.46.

GuruFocus assigned a moderate score of 5 out of 10 to the company’s financial strength and a remarkably high score of 8 out of 10 to its profitability.

Wall Street sell-side analysts issued a hold rating with an average target share price of $88 for this stock.

Disclosure: I have no positions in any securities mentioned in this article.

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