Many US firms are poised to accomplish great things in 2018, which made narrowing down our top selections quite challenging. The companies we chose stood out, given the strategic moves they made in 2017 and the potential implications of these decisions on their respective industries and on our way of life in 2018.
A no-brainer, we know. The behemoth online retailer recently shortlisted 20 communities for its second headquarters location and will announce the lucky winner sometime this year. The company also acquired Whole Foods in 2017, which is certain to cause further disruption in the grocery industry. Be sure to keep an eye on its formidable competitor, Walmart, which has made sizable investments in its online footprint and strategy.
For starters, Boeing was one of the best performing stocks of 2017, with shares soaring nearly 90 percent. Shares gained another 16 percent in the first three weeks of 2018. This growth is due, in large part, to the proposed purchase of Brazilian rival Embraer, the profitability of the 787 Dreamliner, and anticipation of a possible new middle-of-the-market aircraft (replacing the 757). And despite occasional setbacks for Boeing, investors remain optimistic about new aircraft orders from major airlines around the world.
3. Virgin Galactic
While several companies are jockeying to be the first to commercialize space travel and are making great strides in doing so (Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX included), Richard Branson’s Virgin Galactic recently completed another test flight. This accomplishment, combined with Branson’s statements at an October 2017 press conference, signal Virgin’s plans to make a manned trip to space (with Branson on board) in the next 12 months.
Grab some popcorn and join us as we find out who will make headlines in 2018. It’s sure to be a fascinating year.