The online travel agency Priceline (
) topped the Bloomberg Businessweek 50, a ranking of the
best-performing stocks over the past five years, by returning over
900 percent for shareholders.
The other four stocks in the top five were Intuitive Surgical (
), Southwestern Energy (
), Apple (
) and salesforce.com (
Three of the top five are listed on the NASDAQ stock exchange.
Priceline's astonishing growth comes after years of turbulence,
including some close scrapes with bankruptcy during the dot-com
bubble and the aftermath of the 9/11 terrorist attacks.
Digital innovation powered many of the companies on the list, with
) at number 10 and Google (
) at 16. Red Hat, the open source and Linux giant, proved that
open-source software can be profitable by returning 168 percent to
take number 22.
Priceline was in a league of its own, though, nearly breaking the
1000 level with its five-year return of 911.9 percent. Priceline's
achievment is all the more remarkable considering that since 2008,
U.S. markets have still not recovered to pre-crash levels.
figures measure the aggregate total return to shareholders,
including reinvested dividends.