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Summary
- Many of the FTSE stocks have doubled the investor’s money in the last one year.
- The overall investor sentiment in the stock markets is positive and has been supporting the markets
A 100 per cent return essentially means doubling of investments. Every investor would love to see their investments grow at such an astonishing pace. However, selecting stocks that can generate stellar amount of return in such a short tenure is a tough task, which is full of risks. As a thumb rule, higher risk equates to higher returns and vice-versa.
After a bruising 2020, the markets are gaining stability from government-backed mass inoculation programmes and are recovering their lost ground due to the pandemic. Notably, the pandemic caused a sudden meltdown in the stock markets in March last year.
The markets are recovering strongly, driven by lockdown easing restrictions as we graduated to a post-vaccine world. Hence, there could be a lot of opportunities for investors to ride the wave of recovery in UK-listed businesses.
In this article, we would put our lens through 10 stocks which have delivered a price return of 100 per cent or more in the past 52-week period. Investors must do through analysis or seek help from a financial adviser before investing in the stock market.
Also read: Top 5 AIM stocks to look for in 2021
- Synthomer Plc (LON: SYNT)
Shares in the FTSE 250-listed chemicals firm Synthomer Plc have soared 101 per cent in last one year. The company expects solid performance in 2021. Synthomer's underlying pretax profit rose 38 per cent to £160 million in 2020. Despite the carnage induced by the pandemic, Synthomer declared annual dividend payout of 11.6 pence for 2020. Investors looking to supplement their income might consider this stock in their portfolio.
Shares of Synthomer were marginally down by 0.56 per cent from previous day price close and traded at GBX 463.60 on 15 March 2021 at GMT 12:32 PM+1.
- Record Plc (LON:REC)
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UK-based currency management company Record Plc has soared 102.4 per cent in last one year. During the three-month period ended December 2020, the net inflows of US$5.1 billion pushed the AUME (assets under management equivalents) by 13 per cent to US$74.6 billion. Notably, Record paid out three-fourth of its profit as dividends for the trailing twelve-month period.
Shares of REC were marginally up by 1.57 per cent from previous day price close; traded at GBX 64.57 on 15 March 2021 at GMT 12:47 PM+1.
- Gulf Marine Services Plc (LON:GMS)
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UK-based self-propelled and self-elevating support vessel operator Gulf Marine Services Plc’s shares have soared over 104 per cent in last one year. The company was helped by improvement in its order book, contract awards, and lifted fleet utilisation during the nine-month period ended 30 September 2020. The pandemic year has been a good one for GMS; with a period-on-period increase in EBITDA, margin, and utilisation.
Shares of GMS traded at GBX 5.82 on 15 March 2021 at GMT 01:04 PM+1.
- Kin and Carta Plc (LON:KCT)
UK-based cloud computing company Kin and Carta Plc has soared over 111 per cent in last one year. The cloud computing company has witnessed a sequential growth in its quarterly revenue, primarily driven by new client wins and a resurgent pipeline. The company is expected to carry the momentum into the second half of 2021.
Shares of KCT traded at GBX 155 on 15 March 2021 at GMT 01:19 PM+1.
- Volution Group Plc (LON:FAN)
UK-based ventilation products supplier Volution Group has soared over 112 per cent in last one year. The ventilation products supplier’s pretax profit rises 19 per cent to GBP 14.2 million during the six-month period ended January 2021 through organic growth from all regions. The company has resumed dividend payouts as it announced a dividend of 1.90 pence per share during the period. The earnings of 2021 are expected to exceed the expectations.
Shares of FAN traded at GBX 366 on 15 March 2021 at GMT 01:29 PM+1.
Also read: Are Energy Stocks Better Alternative to Tech Stocks?
- Electrocomponents Plc (LON:ECM)
UK-based semi-conductor provider Electrocomponents Plc has soared over 113 per cent in last one year. During the four-month period ended January 2021, ECM recorded a revenue growth of 8 per cent as it continued to leverage upon its strong foundations to accelerate growth in every region. The company expects an adjusted profit before tax of £175 million for the year ending 31 March.
Shares of ECM traded at GBX 974.50 on 15 March 2021 at GMT 01:37 PM+1.
- Kainos Group Plc (LON: KNOS)
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UK-based leading IT provider Kainos Group Plc has soared over 114.70 per cent in last one year. The company has delivered solid trading performance and anticipates results to be ahead of market expectations for the year ending 31 March 2021.
Shares of KNOS traded at GBX 1,340 on 15 March 2021 at GMT 01:49 PM+1.
- Kingfisher Plc (LON: KGF)
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DIY home improvement company Kingfisher Plc has soared over 115 per cent in last one year. The company sales were up by 12 .6 per cent on like-for-like basis during the fourth quarter of 2021 as the company continues to experience strong demand across its key geographies.
Shares of KGF traded at GBX 306.30 on 15 March 2021 at GMT 01:55 PM+1.
- De La Rue Plc (LON:DLAR)
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Banknotes manufacturer De La Rue Plc has soared over 121 per cent in last one year. The company was pleased to report an increase in adjusted operating profit expectations to £37 million for 2021 in contrast to current market expectations of nearly £34 million.
Shares of DLAR traded at GBX 190.60 on 15 March 2021 at GMT 02:08 PM+1.
- IP Group Plc (LON:IPO)
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Financial services company IP Group has soared over 123 per cent in last one year. IP Group achieved record returns and cash realizations of £191 million in 2020. The company made a profit of £185.4 million in 2020. Also, the company announced a maiden dividend of 1 pence.
Shares of IPO traded at GBX 120.40 on 15 March 2021 at GMT 02:12 PM+1.
