Big success among stocks usually doesn't go unnoticed and investors have enough time to set themselves up as they watch companies steadily grow.
Just as you can track the movement of the S&P/ASX 200 Index (ASX: XJO) (Index: ^AXJO), having a watchlist of rising stock stars keeps you up-to-date with their progress. If you read about an interesting company, just slap its code on to your watchlist and follow the progress regularly.
Although the success of the three companies below isn't a secret, how many investors have these standout stocks in their long-term portfolio?
There's the pizza franchise Domino's Pizza Enterprises Ltd (ASX: DMP) that had a strong share price trajectory over the past five years and is already up 67% just in the last twelve months. It has an ambitious growth plan for its 75% owned Domino's Pizza Japan to add 300 – 400 new stores in the next five years. Along with the ongoing expansion of its Australian franchise stores, the company could be a growth engine for a number of years. If you love pizza, you just might like this stock.
Slater & Gordon Limited (ASX: SGH) is also adding new law offices across Australia like a chain business. They are building a strong brand with 70 locations nationwide and a growing number in the UK as well. Their core practice is in personal injury law, so business is steady. It does property conveyancing, which can be a strong business during a rising housing market as well. It is actively acquiring law practices in various states to build up its national footprint. The stock clocked in a 53% gain over the past year.
Fund manager Perpetual Limited (ASX: PPT) has a good record for investing in domestic equities. At the end of September, it had $30.7 billion of funds under management with net inflows of about $1 billion in the latest quarter. In FY 2014, it had high double-digit earnings growth and consensus forecasts are for earnings to rise 13% annually on average in the next two years.
