Current Stocks with the Highest Employee Growth
We recently looked at the impact of employment growth on stock returns over the past 14 years. Today, I decided to share with you a list of the publicly traded companies with market caps of over $500 million with the highest employee growth. Those stocks are as follows:
| Company Name | Ticker | % Empl Growth | Current Employees |
| Global Eagle Entertainment Inc | ENT | 24,233 | 730 |
| Gentherm Inc | THRM | 6,282 | 7,403 |
| Accelerate Diagnostics Inc | AXDX | 683 | 47 |
| Safe Bulkers Inc | SB | 400 | 5 |
| Resources Connection Inc | RECN | 316 | 2,915 |
| IntercontinentalExchange Group Inc | ICE | 293 | 4,232 |
| Tempur Sealy International Inc | TPX | 244 | 6,700 |
| Pharmacyclics Inc. | PCYC | 223 | 484 |
| ARRIS Group Inc | ARRS | 199 | 6,500 |
| Retail Opportunity Investments Corp | ROIC | 177 | 61 |
| Sagent Pharmaceuticals Inc | SGNT | 174 | 269 |
| Triangle Petroleum Corp | TPLM | 170 | 165 |
| XPO Logistics Inc | XPO | 153 | 2,259 |
| American Public Education Inc | APEI | 153 | 3,492 |
| Brookfield Property Partners LP | BPY | 150 | 15,000 |
| Valeant Pharmaceuticals International Inc | VRX | 146 | 17,200 |
| Fortress Investment Group LLC | FIG | 138 | 2,324 |
| Spectrum Brands Holdings Inc | SPB | 131 | 13,500 |
| Harbinger Group Inc | HRG | 128 | 13,742 |
| Aegerion Pharmaceuticals Inc | AEGR | 121 | 217 |
| NGL Energy Partners LP | NGL | 121 | 1,970 |
| AMC Networks Inc | AMCX | 118 | 2,197 |
Given the backtest results for the year-over-year percent change in employees factor, I’m going to be avoiding these companies. A quick backtest of these top 1% employment growth stocks shows that these stocks realized a negative 5.93% annualized return over the past 14 years with annual rebalancing.
Disclosure: I do have any positions in any of the stocks mentioned in this post at the time it was published.
George its an interesting idea as a growth indicator.
Interesting result!