5 Stocks That Outperform the S&P 500 Every Year for the Last 5 Years

In this article, we will take a look at the 5 stocks that outperform the S&P 500 every year for the last 5 years. To read our analysis of the recent trends and market activity, you can go to the 13 Stocks That Outperform the S&P 500 Every Year for the Last 5 Years.

5. Deckers Outdoor Corporation (NASDAQ:DECK)

5-Year Share Price Returns as of November 16: 374%

Number of Hedge Fund Holders: 47

Founded in 1973 and based in Goleta, California, Deckers Outdoor Corporation (NASDAQ:DECK) is a global leader in designing, marketing, and distributing innovative footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities. Its portfolio of brands includes UGG®, Koolaburra®, HOKA ONE ONE®, Teva® and Sanuk®.

On October 26, Deckers Outdoor Corporation (NASDAQ:DECK) released its financial results for the three months ended September 30, 2023. It managed to beat both the top and bottom line consensus estimates with $1.1 billion of revenue and $6.82 normalized EPS, $130 million and $2.34 more than the estimates, respectively.

According to the Insider Monkey data on 910 leading hedge funds, 47 hedge funds were long Deckers Outdoor Corporation (NASDAQ:DECK) as of Q2 2023 and held shares worth $1.1 billion. Robert Pitts’ Steadfast Capital Management was the largest hedge fund shareholder with ownership of 0.4 million shares valued at $219 million.