Investors are always looking for a good buy and the cheaper it is the better. Right? But sometimes stocks get away from us. Something big happens and off goes the share price. You may even consider buying some expecting it to pullback in price. Yet it never does. That one is truly gone…
…or so you'd like to think.
If the catalyst for the stock's growth is still in play and relevant, then you may have missed out on Act 1, but Acts 2 and 3 are still to come.
If you missed out on the first 50% or even 100% rise, you may be just in time for the next big gain in the near future. Here are three stocks that have made substantial increases, yet their stories are far from over. Patience in investing is a cardinal rule once you have done your homework on a stock and I think these three have more to offer.
1- CSL Limited (ASX: CSL)
This great biopharmaceutical company has big plans for entering the Chinese healthcare space by exporting its blood plasma and albumin products to this giant country. Increases in illness, vehicle accident injuries and healthcare needs in general are raising demand for CSL's products so much so that it will build a new production centre in Melbourne to meet this demand. The stock is close to setting new highs, but that shouldn't put you off. Forecast growth over the next 3-5 years looks strong.
2- Lend Lease Group (ASX: LLC)
The housing market boom has sent this residential and commercial property developer up significantly over the past year. It is seeing higher volumes of housing construction orders in probably the only industry that is really advancing strongly in Australia today. The housing market hasn't completely run its course yet, so there could be some substantial upside left. The company is also expanding into the U.S. housing market, so that could drive earnings as well.
3- G8 Education Ltd (ASX: GEM)
If you were looking for a business chain that could grow all across Australia, this is it. However, the stock of this child centre operator has climbed from $3 to about $5, or 67% since October 2013. This month it settled on buying yet another block of 28 childcare and education centres, which brings its group total to 403. That's way up from the 243 at the beginning of 2014.
The childcare industry is still fragmented, so G8 Education has a lot of space to grow into if it can manage the expansion well. The stock may seem high now, but in a number of years the extra revenue from more daycare centres could make it look cheap.
Having any of these three in your portfolio could be a plus for your returns. I especially like CSL for long-term growth in Asia. Actually, there is one more stock that could match their potential and is a standout buy right now.
If you're interested in knowing its name, just click on the link below, enter your email address and we'll send you the FREE report on this top dividend stock idea for 2014 – 2015!
