Home Portfolio Management Sharek’s 2017 Top Ten Growth Stock Picks Jumped 66%

Sharek’s 2017 Top Ten Growth Stock Picks Jumped 66%

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David Sharek’s Top Ten Growth Stocks for 2017 shot up an average of 66% in 2017, beating the S&P 500’s return of 19% for the year.

“That’s phenomenal. Wow!” David Sharek, stock portfolio manager for Sharek’s Stock Portfolios said “A lot of the credit goes to the Chinese Internet stocks, which were fabulous last year. But, this Chinese Internet stocks have had its ups and downs throughout the years. They dragged this list down in 2014 & 2015.”

Winners & Losers

Notables from the list included the “Twitter of China” Weibo (WB) which shot up 151% in 2017 and Tencent (TCEHY) which gained 108%. Weibo’s management made easier creation and consumption of short videos is a top priority for 2017.  

There were not any losing positions in the list. The worst performing stock in the group was Alphabet (GOOGL) which went up 33% in 2017. “No losses? That’s incredible. Incredibly lucky that is.” Sharek added

Complete List

Stock (Symbol) 2017 Gain/Loss
Facebook (FB) +53%
Netease (NTES) +60%
Adobe (ADBE) +70%
Salesforce (CRM) +50%
UnitedHealth (UNH) +38%
Tesla (TSLA) +45%
Alphabet (GOOGL) +33%
Amazon (AMZN) +56%
Tencent (TCEHY) +108%
Weibo (WB) +151%

David Sharek David Sharek is stock portfolio manager and CEO of DavidSharek.com. David believes a company's profits ultimately drive the price of its stock. His book The School of Hard Stocks can be found on Amazon.com.