#3 The Stock Market Bull Run: A Spotlight on 5 Attractive Investments

Check out the stock market's top 5 picks: Fortinet, Northern Oil and Gas, JPMorgan, West Pharmaceutical Services, and Ensign Group. A must-read for savvy investors!

INVESTMENT INSIGHTS

6/26/20232 min read

In the world of investment, the wind of prosperity continues to favor a handful of stocks. They say the bull doesn't discriminateโ€”it's just got an eye for the stocks that promise to be the proverbial pot of gold at the end of the rainbow! Buckle up as we set out on an exciting exploration of five such treasures: Fortinet, Northern Oil and Gas, JPMorgan Chase & Co, West Pharmaceutical Services, and Ensign Group Inc.

First off, we have our powerhouse Fortinet (NASDAQ: FTNT). This cybersecurity giant has been bellowing like a champion bull, showing off an impressive 79% EPS growth in the last quarter. What's more, the earnings are projected to leap by another 67% in the coming quarter. Sales too, my friends, are scaling new heights with a 32% rise in the last quarter. Currently, our beast is grazing at a price of $71.59 per share, which is a modest 4% off its 52-week high. The stock has a market cap of a whopping $56.2 billion, making it a pretty hefty beast to tame!

Next in our lineup is Northern Oil and Gas (NYSE: NOG). Despite a pretty scary tumble in sales of 1868% in the last quarter (talk about a roller coaster ride), the company has maintained a strong three-year sales growth rate of 51%. The current stock price sits at $32.07, with the company boasting a pre-tax margin of 47.7%. Let's not forget its market cap of $2.7 billion that makes it a notable contender in the energy sector, even if it does carry a substantial level of debt.

Let's now turn our attention to the big dog of the financial services industry, JPMorgan Chase & Co (NYSE: JPM). Showcasing a solid performance with a 37% increase in EPS last quarter and an estimated 29% increase this quarter, this financial titan continues to roar in the market. Despite a relatively slow three-year sales growth rate of 3%, the stockโ€™s price of $138.85 and a gargantuan market cap of $405.8 billion tell a tale of enduring appeal.

Up next is the NYSE-listed West Pharmaceutical Services, Inc. (WST). It's been a bit of a wild ride with a negative change of 14% in the EPS during the previous quarter, and a further expected decline of 21%. However, with an impressive three-year EPS growth rate of 39% and a strong pre-tax margin of 25.6%, this stallion still shows some spark. Currently, the stock's trading at $367.00, with a market cap of $27.2 billion.

Finally, we have the promising Ensign Group Inc (NASDAQ: ENSG). With a 14% EPS change in the last quarter, a growth rate of 21% over the past three years, and an estimated EPS growth of 14% this year, this stock is singing a pretty catchy tune! Priced at $90.91 per share and carrying a market cap of $5.1 billion, this one seems like a good horse to bet on, despite some potential areas of concern.

So, there you have itโ€”a rundown on five stock-market darlings that continue to hold court in this bullish market. Remember, while we love a good bull run, it's always wise to balance the risk and rewards in this wild rodeo called the stock market. Happy investing!

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Check out the stock market's top 5 picks: Fortinet, Northern Oil and Gas, JPMorgan, West Pharmaceutical Services, and Ensign Group. A must-read for savvy investors!