JNJ had its days as a growth company. However, it is simply too big already. Cannot get a company this big in size to have explosive growth anymore.
GPRE is the real explosive growth stock currently. With 6000% revenue growth, I do not know any other company grows as fast. Granted, GPRE cannot grow at 6000% every year, but it certainly has a lot more room to continue on hyper growth.
GPRE stock went up 7 folds this year, but it is actually still very, very cheap. The market cap is only $313 millions, but it earned $5.4 million net profit last quarter. With that ratio, its forward PE is only about 14. Similar PE to JNJ, but GPRE growth rate is a lot higher than JNJ, and that was why GPRE stock went up a lot more than JNJ. GPRE is still a very cheap stock considering its hyper growth rate despite the strong stock moves GPRE had this year.
Green Plains Renewable Energy, Inc. engages in the production, distribution, and marketing of ethanol and related by-products in the United States. It also involves in grain warehousing and marketing; selling and related services of agronomy and petroleum products; and marketing and distribution of company-produced and third-party ethanol and distillers grains. The company was founded in 2006 and is headquartered in Omaha, Nebraska.
I hope you did buy GPRE after your DD. GPRE went up big again on Friday. Actually GPRE has gone up 20% since I recommended it here two weeks ago. GPRE started the year very strong and going up very fast. It may go up another 800% again just like last year.
They were aggressively getting funds and building ethanol facilities at that time with no revenue to show for several quarters. It takes time to construct, so people lose patient in the stock.
Now their facilities are starting to make tons of money for them, so people can see their hyper-growth revenue and earning power, so the stock is going up very fast.
Get in and buy GPRE while it is still dirt cheap. Insiders and smart investors are the ones loading up the stock aggressively now with no analyst coverage. By the time the analysts find out about GPRE, we would be laughing all the way to the bank already.