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5 stocks surprised Wall Street in 2021

“One of the very nice things about investing in the stock market is that you learn about all different aspects of the economy. It’s your window into a very large world.”  ― Ron Chernow.

5 stocks surprised Wall Street in 2021

2021 was no doubt exceptionally a very interesting and strong year for Wall Street. Despite the last couple of months downside momentum, almost every sector performed well this year.

There are so many stocks that have given multi ford gains during 2021 including Moderna and AMC. But let’s discuss the 5 stocks which no one would have thought that these stocks will generate great returns in the past 1 year.

Perficient (NASDAQ: PRFT)

Perficient, based in St. Louis, Missouri, is a digital consultancy and global IT solutions provider. The company has offices in North America, Eastern Europe, India, China, and Mexico. Perficient shares made a spectacular bullish rally from $47 on January 2021, to $153 on November 05, 2021, and up by more than 230% this year. Perficient Q3 results came better than expected, posting beats on both revenue and earnings.

Perficient

Inotiv Inc (NASDAQ: NOTV)

Inotiv, which specializes in providing nonclinical and analytical drug discovery and development services. The company helps its customers strategize to meet their own discovery and development objectives. Inotiv stock was trading under $12 a share at the beginning of the year, the stock has surged over 450% in 2021 and hits a fresh all-time high of $60. Inotiv revenue for the fourth quarter was $30.1 million, up from $15.8 million a year earlier.

Inotiv

EPAM Systems (NYSE: EPAM)

EPAM Systems, a leading digital transformation services and product engineering company. The company also specializes in IT consulting. Over the last year, EPAM systems share price has given a return of 120%. During the last quarter, EPAM’s total revenues increased 51.6% year-over-year to $988.54M, compared to analyst estimates of $964.12M.

EPAM

Oasis Petroleum (NASDAQ: OAS)

Oasis Petroleum is an exploration and production company focused on crude oil and natural gas. Oasis exited from bankruptcy in November 2020. The company's new common stock began trading on the Nasdaq exchange under the ticker symbol OAS on Nov. 20. $OAS is up 280% since the beginning of the year. The stock has jumped from a price of $35 a share back in January to $133 in November. The company Q3 revenue came in at $402 million versus the consensus estimate of $226 million.

Oasis

Ford (NYSE: F)

The fifth one is the auto giant Ford motors. When we talk about the stocks which surprised wall street in the past 1 year, we can’t avoid the Ford from the list. Ford was incorporated in 1903 by Henry Ford and the company expanded both domestically and internationally. The stock rallied more than 140% in the last 12 months. Ford posted better-than-expected Q3 financial results and the company increased its annual guidance for the second time this year.

ford

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Contact: Gulf Brokers Syam KP, Chief Analyst support@gulfbrokers.com

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