In the first 2 weeks of the year, it has been recorded that the market falls to its worst state since 1800s but despite of the market’s overall troubles, there are some promising investments to be made now.
Here are the list of the companies who are making the comeback this 2016:
1.Burlington Stores
Burlington (BURL) closed out 2015 with a value of just under $43. As of Feb. 20, the company’s stock has risen to $54. Experts expect to see the company’s profits soar upward of 18% in the fiscal year that ends in January 2017.
2.Macy’s
The company closed out valued $35 per share and has risen now to more than $40 per share.
3. Cabot OIl and Gas
They closed out $15 per share and now has an upward trend this year.
4. Comcast
They settled back down to $57 and now they are rising up to 3% so far this year.
5. Eaton Corp.
The electrical systems maker Eaton Corporation (ETN) jumped 4% in February after posting higher-than-expected earnings. Eaton is currently trading at $56.
6. Chipotle
A burrito joint, the mexican grill’s stock plummeted 40%closing out 2015 just under $480 but now they are rising to $511.
7. Emerson Electric Co.
Their stock price has risen 4.4% from their $43 per share last 2015.
8. Hormel Foods Corp.
The company that makes SPAM is having a good moment this year from $39 to $43.
9. Wynn Resorts
The high-end hotel operator was valued from $69 and now have risen to $78.
10. EQT Corp.
The largest natural gas producer in the Appalachian Basin was valued at $52 and now spiked to nearly $59 this first months of 2016.
The rising prices of shares for these companies reflects the revived interest and value of the company.
