Who hasn’t heard of Amazon? The Seattle-based tech giant has successfully built itself into the lives of consumers that you wouldn’t be able to see yourself living without the modern conveniences that Amazon offers.
From just selling books through its website, one of the most valuable companies in the world has expanded its portfolio tremendously over the decades. Aside from their flagship e-commerce platform, they are also now the top player in cloud computing, digital streaming, and Artificial Intelligence—hey there, Alexa.
As expected, Amazon is also known as a financial powerhouse in the stock market. Its stocks have skyrocketed to a 1,224% return since 2009.
Even with Amazon being the world’s largest internet company by revenue, you might be surprised to know that there are a handful of lesser-known companies (compared to Amazon, that is) that have performed better in the past decade in terms of stock returns.
MarketAxess Holdings Inc. – 2,770%
Founded in 2000, MarketAxess is a New York-based global fin-tech company that provides and operates a digital trading platform for corporate bonds and other fixed-income products.
It has been the market leader in the e-trading of US corporate bonds and holds 20% of the total volume of corporate bonds trading in the United States. Their success has made them the second-best stock of the decade (as of 2019).
Abiomed Inc. – 2,102%
Abiomed is involved in the research, development, and manufacturing of medical implant devices with products such as AbioCor artificial heart and Impalla. Abiomed actually began their work on their artificial heart since its inception in 1981 (they were then known as Applied Biomedical Corporation).
Now, the Massachusets-based company has offices in Germany and Japan and has successfully produced the smallest heart pump and the first total replacement heart.
Broadcom Inc. – 1,599%
You have Broadcom to thank for your Netflix binge-watch sessions. Their name may not be that known to consumers, but their semiconductors have been integral parts of modern electronics infrastructure—allowing for networking, broadband internet, and wireless connectivity.
Broadcom has definitely etched a position in the market since it was started in 1961 as Hewlett-Packard’s semiconductor products division.
United Rentals Inc. – 1,451%
Being the largest equipment rental company in the world, it’s no surprise to know that United Rentals has the world’s largest rental fleet with around 660K units worth over $14.2B in equipment costs.
They cater to a number of major construction projects in the U.S. and Canada and hold a market share of 13% in North America in 2019.
Align Technology – 1,440%
You may not be familiar with the name Align Technology, but you’ve probably heard of the brand Invisalign. These clear aligners are now taking over the orthodontics scene and are the hip alternatives to traditional metal braces.
Even celebrities like actor Tom Cruise and supermodel Gisele Bündchen agree. With headquarters in San Jose, California, Align Technology manufacture 3D digital scanners in Israel and China and aligners in Mexico.
Regeneron Pharmaceuticals Inc. – 1,414%
Regeneron Pharmaceuticals made news headlines through their experimental medicine to treat Ebola-infected patients. After it was proved effective, it was then shipped to the Democratic Republic of the Congo in 2019 to help deal with the outbreak in the Central African country.