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SmartMoney Senior Markets Editor Russell Pearlman on the top performing stocks of the last two decades.
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For its twentieth anniversary Smart money magazine is picking the top ten stocks in the last twenty years and the results are surprising because they aren't -- names that have dominated the headlines over the last few decades.
Joining me now Smart money senior markets editor Russell -- men and Russell.
Before you reveal this -- tell us how you came up with these names and what are we talking about.
In terms of statistics here of of being a -- perform well for smugglers twentieth anniversary want to see.
What's been the best best ten stocks for the past twenty years on April 1992 when first issue came out.
You have to be a publicly traded company back -- so we're not including the Google's little world but that started later -- and you had to be one of the 3000 largest companies at -- time well that's a big list so the so we have a lot to choose from.
And we got the top ten and some of the names there are not surprising.
Couple Biotech some tech firms in there but certainly our top two with moments in and a bit.
Work.
I have a look them up I had no idea what -- were silly -- and -- the list here let's revealed unto our viewers a top ten performing stocks over the last twenty years has revealed by Smart money magazine.
And it's amazing because we're talking about price returns price appreciation in the thousands of percent let's talk about Biogen you are talking about -- -- -- how well that they've done.
Biogen is number eight on our list out by just -- one of the world's largest.
Freestanding Biotech firms these days.
Really fit in there -- stock actually doubled last year to.
Their most known for multiple sclerosis.
Drugs most -- cabinets and to -- -- and a lot of analysts still like them because those are kind of injectable.
Drugs right now but they had some data last year that they can actually have pills adjustable versions of that.
A thousand dollars invested in them in April 1992.
You have more than 60000 dollars now.
Yeah -- attendance that's distinctive because sales find greater uses for those and I'll take a so -- -- -- and I always wonder why people put so much money into them.
This is the reason if you hit the right one -- of 6000% twenty years now I gotta talk about the name I've never heard of this astronomical so that's.
-- -- -- -- Lighting it airplanes well lighting an airplane is somewhat odd to see this is another stock that if you have bought the thousand dollars an April 1992 you'd be up to 60000 dollars.
Are very.
They actually.
Make a lot of a -- it goes in the television sets and video screens that you see.
On that -- backseat of airplanes so if you think if you're -- in the early ninety's do you ever see a television set.
And the -- an airplane certainly didn't and you know -- client maybe you had in first class.
These guys pretty much have them a lock on that business and you've seen just -- the growth first in.
The US business and in number of airplanes and then you look at how well Boeing has done in terms of selling planes around the world.
They've kind of piggybacked off that so -- just goes to show that sometimes.
The supplier of the parts is better and we've all noted that if you are gonna get never connected the dots right amazing.
And -- talking about suppliers and sing on the -- -- Qualcomm we know that's done really anomaly for well over the last year.
But also apparently -- last twenty years what are we talking about in terms of return.
Qualcomm if you bought -- thousand dollars -- April 92 it's up more than 90000 dollars now.
Qualcomm is essentially an arms merchant for the cell phone industry see a lot of either their chips or chips that have Qualcomm patents.
All throughout -- mobile phone industry and also they've been a big suppliers -- the iPhone and in in some cases.
Tablets as well so a lot of people still continue to like the stock basically because if you want to build any sort of hum Smart phone.
You gotta pay Qualcomm one way or not.
Grow quickly got to talk about the person because there's -- and -- sexy industry.
-- trade -- thought that the number two.
Stock is Middleby they make industrial strength ovens who would have thought.
Essentially these guys been really good they started with a small product line.
Dove ovens and ranges and that this come built out from there and they've sold to restaurants.
All around the country.
In terms of the -- they they can offer kind of anything a restaurant -- -- look at like one of the big trends in the past swingers people eating out all right more rest.
And also shipping SF follow a place Kansas City -- a good old fashioned route that's right number one if you put a thousand dollars in April 1992 you would have a 190000.
Dollars now.
The railroad industry in early nineties was on the verge of bankruptcy.
You've seen since then the complete restructuring a growth and trade particularly Kansas City Southern they had cut about a decent.
Growth in -- -- a lot of NAFTA related business.
And kind of interestingly they used to -- climate -- of a financial services and mutual fund business a lot of people like the mutual fund business better.
They split to get they split off in 2000 right if -- invested in the mutual fund business -- be down 80%.
Investing can be for the city southern UB up several well yeah everybody what what this sexy money stuff I've Betsy.
You're buying all know a lot of -- -- -- a good reason to hold -- investments Russell Pearlman S army it's very much.
