15 Stocks That Outperform the S&P 500 Every Year For the Last 3 Years

7. Argan, Inc. (NYSE:AGX)

3-Year Return as of the Close of March 12: 182%

Argan, Inc. (NYSE:AGX) is a Maryland, USA-based company specializing in power generation, industrial, and infrastructure sectors. With a commitment to offering sustained value, the company provides an array of construction and related services to the power industry through its subsidiaries, particularly Gemma Power Systems, SMC Infrastructure Solutions, and Atlantic Projects Company. Owing to its strategic growth and operational efficiency, the stock has seen a remarkable 130% jump in its price in just one year.

We consider diversification to be the core competency of this small-cap company. From the construction of energy facilities to the provision of industrial construction services and telecommunication infrastructures, Argan, Inc. (NYSE:AGX) accounts for growth avenues in a range of markets. By allowing its subsidiaries to operate autonomously, the holding company ensures strong synergies between activities. This enables the giant to generate margins that surpass the industry average. For instance, compared to the 32% return by the broader market in three years, AGX delivered a solid 182% return.

The future of Argan, Inc. (NYSE:AGX) seems to be even more positive, with around a 4% surge expected in the operating margins within the next two years. According to analysts offering 12-month price targets, the price of AGX will climb to $150, representing a change of 23%. This makes it a stock worth the watch.