A “high return” refers to a stock that has a high return on investment or ROI. It is usually shown as a percentage and measures the profitability of whether or not a company is efficiently using up its resources. The ROI can also be viewed as a rate of return. It is a number used often in investing and the finance world as a whole.
Three stocks currently in which companies are offering substantial returns are Paychex, Inc. (NASDAQ:PAYX), Gilead Sciences, Inc. (NASDAQ:GILD), and OFG Bancorp (NYSE:OFG).
Paychex, Inc. (NASDAQ:PAYX) has kept a return on investment over the last 12 fiscal months at a rate much higher than the industry average shown by Reuters. It has an ROI of 35.14% above the industry average of 7.55%. As for the sector average, it is at 6.23%. Paychex offers small to medium sized businesses with the services of insurance, HR and other related outsourced options.
Gilead Sciences, Inc. (NASDAQ:GILD) has an ROI consistently at 55.07% above the industry average, as shown over the last 12 months. The Reuters data shows the average for this industry is at 16.31%, while the sector average is 15.61%. The year low was on Jan 5 of 2015, which was 93.18, while the year high was recorded on June 24, 2015, when it was 123.37. Its volatility is at 23.93 currently.
OFG Bancorp (NYSE:OFG) is the third stock to analyze here. It has provided a return on investment over the past full year of 35.60%. That number is considerably higher than both the sector average; the average for the sector is 0.64%. That percentage has been calculated by Reuters. The stock is in a strong downturn, with its year high having been 17.83 (on February 5 of this year) and the year’s low at 7.56 on August 12, 2015.