Someone (sorry, I don’t remember who) posted a list ranked by revenue growth suggesting that revenue growth propels stock price growth.
I downloaded five years of data from Yahoo (or as much as was available) and computed the CAGR from start to finish:
**Rank Symbol Start Open End Close CAGR Time**
1 SHOP 2015-05-20 17.0000 2018-04-19 126.6700 99% 2 years 11 months
2 WIX 2013-11-06 16.3100 2018-04-19 86.4500 45% 4 years 6 months
3 TEAM 2015-12-09 21.0000 2018-04-19 62.2700 58% 2 years 4 months
4 TWLO 2013-04-22 0.0010 2018-04-19 42.1100 743% 5 years
5 ZEN 2014-05-15 13.4300 2018-04-19 50.4800 40% 3 years 11 months
6 NOW 2013-04-22 36.6700 2018-04-19 172.9900 36% 5 years
7 PFPT 2013-04-22 17.1700 2018-04-19 125.6300 49% 5 years
8 WDAY 2013-04-22 58.1500 2018-04-19 131.9700 18% 5 years
9 SPLK 2013-04-22 40.7100 2018-04-19 105.9100 21% 5 years
10 RNG 2013-09-27 18.2000 2018-04-19 67.9000 33% 4 years 7 months
11 PAYC 2014-04-15 15.3500 2018-04-19 116.7600 66% 4 years
12 PANW 2013-04-22 51.3800 2018-04-19 192.0200 30% 5 years
13 VEEV 2013-10-16 37.1600 2018-04-19 74.5700 17% 4 years 6 months
14 SYMC 2013-04-22 17.0847 2018-04-19 27.8500 10% 5 years
15 BOX 2015-01-23 23.2300 2018-04-19 21.3100 -3% 3 years 3 months
16 ADBE 2013-04-22 44.5300 2018-04-19 227.6200 39% 5 years
17 CRM 2013-04-22 40.3200 2018-04-19 124.0600 25% 5 years
18 RHT 2013-04-22 48.6100 2018-04-19 160.1400 27% 5 years
19 ULTI 2013-04-22 92.8400 2018-04-19 248.7900 22% 5 years
20 FTNT 2013-04-22 17.7800 2018-04-19 57.4100 26% 5 years
21 MDSO 2013-04-22 27.0500 2018-04-19 73.4600 22% 5 years
22 GWRE 2013-04-22 38.7000 2018-04-19 86.3600 17% 5 years
23 RP 2013-04-22 19.7400 2018-04-19 55.2000 23% 5 years
24 INTU 2013-04-22 59.5121 2018-04-19 179.4100 25% 5 years
25 CSOD 2013-04-22 33.2900 2018-04-19 44.4500 6% 5 years
26 MSFT 2013-04-22 27.0912 2018-04-19 96.1100 29% 5 years
27 VMW 2013-04-22 73.7900 2018-04-19 135.5900 13% 5 years
28 ATHN 2013-04-22 92.5600 2018-04-19 146.0600 10% 5 years
29 ORCL 2013-04-22 30.2372 2018-04-19 46.8200 9% 5 years
30 BLKB 2013-04-22 27.6961 2018-04-19 109.9300 32% 5 years
31 AKAM 2013-04-22 34.2800 2018-04-19 72.4600 16% 5 years
32 CHKP 2013-04-22 45.5900 2018-04-19 103.1000 18% 5 years
33 ADSK 2013-04-22 36.2400 2018-04-19 132.3300 30% 5 years
34 DATA 2013-05-17 50.7500 2018-04-19 84.3900 11% 4 years 11 months
35 SAP 2013-04-22 69.0221 2018-04-19 107.8700 9% 5 years
36 CTXS 2013-04-22 53.4719 2018-04-19 97.2200 13% 5 years
37 AZPN 2013-04-22 29.3400 2018-04-19 86.9100 24% 5 years
38 FEYE 2013-09-20 36.0000 2018-04-19 18.8400 -13% 4 years 7 months
39 CA 2013-04-22 20.7562 2018-04-19 34.8400 11% 5 years
There certainly is some correlation!
Denny Schlesinger