The strong housing market is boosting business at Charlotte-based Jeld-Wen, which tops the list of best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham Index of public companies for the week ended June 16. (Shares trading under $10 are excluded.)
The strongest performers:
Jeld-Wen (JELD) 34.10 7.6% Shares of the Charlotte-based window maker trade at record levels after gaining more than 30% since its initial public offering earlier this year.
3D Systems (DDD) 21.02 4.8% Rock Hill, S.C.-based 3D printing company has gained 59% in the last year, even though revenue grew less than 3% in the recent quarter.
Scana (SCG) 71.22 4.7% South Carolina’s biggest utility trades little changed from a year earlier. Peer Duke Energy has gained 5% in last 52 weeks. Duke yields 3.9%, vs. Scana’s 3.4%.
The weakest performers:
World Acceptance (WRLD) $73.88 (-10.1%) The Greenville-based consumer finance company has gained more than 75% in the last year, even after last week’s slump.
Nucor (NUE) $54.92 (-8.1%) Charlotte-based steel company gave an earnings outlook that disappointed investors. It traded as high as $64.50 in the last year.
Ingle’s Markets (IMKTA) – $33.95 (-8%) Amazon’s purchase of Whole Foods slammed grocery stocks including Asheville-based Ingle’s. Can anyone compete with the online delivery giant?