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151 stocks that were flat for a year, then doubled and held
Rules (fixed before looking at results, applied to each stock's price relative to the S&P 500 so market-wide rallies do not count):
- Base: the 52 weeks before the knee trend at most +10% a year (last 6 months at most +15% a year), and the base's high is at most 2× its low.
- Rise: the price reaches 2× the base level within 1 to 12 months of the knee.
- Sustain: for the next 26 weeks the median stays at or above 2× and never falls below 1.6×.
- Liquidity: base price at least $3 and median daily trading at least $1M.
The knee is placed by fitting a two-segment line to weekly log prices; every rule is checked against the year right before that knee. Scan of ~12,000 US stocks with FMP prices, 2016 to September 2026.
By mechanism: how often the cause was public before the knee, and how far ahead
By industry theme
By year of the knee
Peak multiple of the base level in the 6 months after reaching 2× (click a bar to list them)
Weeks from the knee to 2×
All matches (click a row for the stock's page)
Every match, grouped by the mechanism of the move
Causes, first public signals and lead times were researched after the fact with web search (sources in the data table); they describe what happened, not a tested strategy. Within each group, earliest knee first. Each chart shows 6 months before its base year to 9 months after it first reached 2× (use the range control beside a title to widen it): month-end share price and price relative to the S&P 500 scaled to the price at the knee. The shaded span is the base year, the accent line the knee, the other line the month it first reached 2×. Drivers were labelled after the fact by a model and reviewed by hand; they describe what happened, not what was knowable at the knee.
Turnarounds (26)
new management, cost cuts, margin repair; the signal is in the company's own filings. Signal clearly public before the knee for 6 of 26.
LGIH · LGI Homes, Inc. (knee 2017-03, peak 2.2×)
HAE · Haemonetics Corporation (knee 2017-08, peak 2.4×)
NSP · Insperity, Inc. (knee 2017-08, peak 2.6×)
LULU · Lululemon Athletica Inc. (knee 2017-08, peak 2.5×)
AMED · Amedisys, Inc. (knee 2018-02, peak 2.5×)
LRN · Stride, Inc. (knee 2018-04, peak 2.2×)
LSCC · Lattice Semiconductor Corporation (knee 2018-05, peak 3.1×)
SYNA · Synaptics Incorporated (knee 2019-07, peak 2.5×)
MYRG · MYR Group Inc. (knee 2020-05, peak 2.7×)
PACB · Pacific Biosciences of California, Inc. (knee 2020-06, peak 11.1×)
AGYS · Agilysys, Inc. (knee 2020-07, peak 2.5×)
AVID · Avid Technology, Inc. (knee 2020-08, peak 3.8×)
IESC · IES Holdings, Inc. (knee 2022-08, peak 2.3×)
XPO · XPO Logistics, Inc. (knee 2022-09, peak 2.5×)
SKYW · SkyWest, Inc. (knee 2022-11, peak 2.4×)
GAP · The Gap, Inc. (knee 2023-07, peak 2.6×)
PNTG · The Pennant Group, Inc. (knee 2023-09, peak 2.4×)
FIP · FTAI Infrastructure Inc. (knee 2023-11, peak 2.4×)
ADMA · ADMA Biologics, Inc. (knee 2023-12, peak 4.2×)
DXPE · DXP Enterprises, Inc. (knee 2024-01, peak 2.5×)
ATRO · Astronics Corporation (knee 2025-01, peak 2.8×)
BKD · Brookdale Senior Living Inc. (knee 2025-01, peak 2.8×)
FIGS · FIGS, Inc. (knee 2025-05, peak 3.1×)
NGL · NGL Energy Partners LP (knee 2025-06, peak 3.5×)
NESR · National Energy Services Reunited Corp. (knee 2025-06, peak 3.5×)
FSLY · Fastly, Inc. (knee 2025-08, peak 4.5×)
Commodity pass-through (21)
a price the company is levered to moves: gold, oil, gas, freight, crypto; the signal is in the commodity market. Signal clearly public before the knee for 9 of 21.
DINO · HF Sinclair Corporation (knee 2017-06, peak 2.6×)
FCX · Freeport-McMoRan Inc. (knee 2020-05, peak 3.5×)
NFE · New Fortress Energy Inc. (knee 2020-05, peak 3.6×)
LPX · Louisiana-Pacific Corporation (knee 2020-05, peak 2.5×)
TFIN · Triumph Financial, Inc. (knee 2020-07, peak 3.0×)
OLN · Olin Corporation (knee 2020-07, peak 3.0×)
TPL · Texas Pacific Land Corporation (knee 2020-10, peak 2.6×)
ATKR · Atkore Inc. (knee 2020-10, peak 2.6×)
MUSA · Murphy USA Inc. (knee 2021-07, peak 2.5×)
CRK · Comstock Resources, Inc. (knee 2021-07, peak 3.7×)
CVI · CVR Energy, Inc. (knee 2021-11, peak 2.9×)
TDW · Tidewater Inc. (knee 2021-11, peak 2.7×)
EQT · EQT Corporation (knee 2021-12, peak 2.8×)
INSW · International Seaways, Inc. (knee 2022-01, peak 3.6×)
HOOD · Robinhood Markets, Inc. (knee 2023-11, peak 4.8×)
NEM · Newmont Corporation (knee 2025-02, peak 2.7×)
B · Barrick Mining Corporation (knee 2025-02, peak 2.7×)
ARIS · Aris Mining Corporation (knee 2025-02, peak 4.9×)
CDE · Coeur Mining, Inc. (knee 2025-03, peak 3.8×)
MUX · McEwen Mining Inc. (knee 2025-05, peak 3.1×)
HL · Hecla Mining Company (knee 2025-06, peak 4.9×)
Exogenous demand shocks (21)
COVID and other outside events; rarely knowable before the knee. Signal clearly public before the knee for 1 of 21.
SPWH · Sportsman's Warehouse Holdings, Inc. (knee 2019-08, peak 3.6×)
QDEL · QuidelOrtho Corporation (knee 2019-11, peak 4.2×)
RDFN · Redfin Corporation (knee 2019-11, peak 2.7×)
CHGG · Chegg, Inc. (knee 2019-12, peak 2.4×)
ETSY · Etsy, Inc. (knee 2020-01, peak 3.1×)
TWST · Twist Bioscience Corporation (knee 2020-01, peak 6.0×)
BAND · Bandwidth Inc. (knee 2020-01, peak 2.9×)
GNMK · GNMK (knee 2020-01, peak 3.2×)
HUBS · HubSpot, Inc. (knee 2020-02, peak 2.7×)
TRLV · Trulieve Cannabis Corp. (knee 2020-03, peak 3.7×)
HZO · MarineMax, Inc. (knee 2020-03, peak 2.9×)
LAD · Lithia Motors, Inc. (knee 2020-04, peak 2.6×)
ARCB · ArcBest Corp (knee 2020-04, peak 3.0×)
SONO · Sonos, Inc. (knee 2020-05, peak 3.1×)
ROKU · Roku, Inc. (knee 2020-06, peak 3.3×)
AOSL · Alpha and Omega Semiconductor Limited (knee 2020-06, peak 3.0×)
VCEL · Vericel Corporation (knee 2020-07, peak 3.4×)
BKE · The Buckle, Inc. (knee 2020-07, peak 2.2×)
ESTA · Establishment Labs Holdings Inc. (knee 2020-08, peak 3.5×)
WOW · WideOpenWest, Inc. (knee 2020-09, peak 3.1×)
FTNT · Fortinet, Inc. (knee 2020-12, peak 2.2×)
Derived-demand bottlenecks (19)
spending announced elsewhere creates a shortage in an input the company supplies; the first signal is usually in other companies' disclosures. Signal clearly public before the knee for 11 of 19.
TKO · TKO Group Holdings, Inc. (knee 2017-10, peak 3.9×)
NVDA · NVIDIA Corporation (knee 2019-06, peak 2.7×)
CDMO · Avid Bioservices, Inc. (knee 2020-06, peak 3.3×)
LTHM · Livent Corporation (knee 2020-07, peak 2.9×)
DELL · Dell Technologies Inc. (knee 2023-03, peak 3.0×)
VST · Vistra Corp. (knee 2023-07, peak 3.3×)
AGX · Argan, Inc. (knee 2024-02, peak 3.1×)
SEI · Solaris Energy Infrastructure, Inc. (knee 2024-05, peak 3.6×)
ATI · ATI Inc. (knee 2025-03, peak 2.8×)
CECO · CECO Environmental Corp. (knee 2025-04, peak 2.7×)
STX · Seagate Technology Holdings plc (knee 2025-04, peak 3.9×)
LRCX · Lam Research Corporation (knee 2025-04, peak 3.9×)
AEIS · Advanced Energy Industries, Inc. (knee 2025-04, peak 2.9×)
TTI · TETRA Technologies, Inc. (knee 2025-05, peak 2.8×)
WDC · Western Digital Corporation (knee 2025-05, peak 5.3×)
MOD · Modine Manufacturing Company (knee 2025-05, peak 2.7×)
FORM · FormFactor, Inc. (knee 2025-08, peak 4.0×)
DOCN · DigitalOcean Holdings, Inc. (knee 2025-08, peak 5.0×)
VIAV · Viavi Solutions Inc. (knee 2025-09, peak 4.7×)
Binary readouts (18)
trial data, approvals, rulings; the stock often runs up into a readout whose date is known in advance. Signal clearly public before the knee for 1 of 18.
FOLD · Amicus Therapeutics, Inc. (knee 2017-01, peak 2.3×)
ARNA · Arena Pharmaceuticals, Inc. (knee 2017-04, peak 2.9×)
ZGNX · Zogenix, Inc. (knee 2017-04, peak 3.6×)
IOVA · Iovance Biotherapeutics, Inc. (knee 2017-08, peak 2.8×)
ATRA · Atara Biotherapeutics, Inc. (knee 2017-10, peak 3.0×)
RETA · Reata Pharmaceuticals, Inc. (knee 2018-03, peak 3.2×)
SGEN · Seagen Inc. (knee 2019-07, peak 2.4×)
XLRN · Acceleron Pharma Inc. (knee 2019-10, peak 2.5×)
AUPH · Aurinia Pharmaceuticals Inc. (knee 2019-10, peak 3.2×)
KURA · Kura Oncology, Inc. (knee 2020-03, peak 3.0×)
XENE · Xenon Pharmaceuticals Inc. (knee 2020-11, peak 2.3×)
PRTA · Prothena Corporation plc (knee 2020-12, peak 5.3×)
PCVX · Vaxcyte, Inc. (knee 2022-01, peak 2.6×)
MDGL · Madrigal Pharmaceuticals, Inc. (knee 2022-09, peak 4.2×)
IONS · Ionis Pharmaceuticals, Inc. (knee 2025-03, peak 2.2×)
ROIV · Roivant Sciences Ltd. (knee 2025-06, peak 2.5×)
DNTH · Dianthus Therapeutics, Inc. (knee 2025-07, peak 4.1×)
VICR · Vicor Corporation (knee 2025-09, peak 6.0×)
Adoption inflections (16)
a product crosses into mainstream use, visible in usage and customer data before the financials. Signal clearly public before the knee for 4 of 16.
MTCH · Match Group, Inc. (knee 2017-06, peak 2.3×)
AXON · Axon Enterprise, Inc. (knee 2017-11, peak 2.9×)
TWLO · Twilio Inc. (knee 2017-12, peak 3.3×)
SEDG · SolarEdge Technologies, Inc. (knee 2019-03, peak 3.0×)
DXCM · DexCom, Inc. (knee 2019-07, peak 3.5×)
IRTC · iRhythm Technologies, Inc. (knee 2019-12, peak 3.2×)
AGNT · AGNT, Inc. (knee 2020-04, peak 8.9×)
JYNT · The Joint Corp. (knee 2020-08, peak 5.1×)
ELF · e.l.f. Beauty, Inc. (knee 2022-05, peak 4.0×)
VITL · Vital Farms, Inc. (knee 2023-10, peak 3.3×)
TPB · Turning Point Brands, Inc. (knee 2024-02, peak 2.5×)
CORT · Corcept Therapeutics Incorporated (knee 2024-04, peak 3.2×)
CCB · Coastal Financial Corporation (knee 2024-05, peak 2.3×)
RBLX · Roblox Corporation (knee 2024-08, peak 2.9×)
NET · Cloudflare, Inc. (knee 2024-09, peak 2.5×)
SPHR · Sphere Entertainment Co. (knee 2025-06, peak 3.5×)
Policy and regulation (10)
legislation, tariffs, reimbursement or budgets change the economics. Signal clearly public before the knee for 3 of 10.
ENVA · Enova International, Inc. (knee 2017-10, peak 2.6×)
RUN · Sunrun Inc. (knee 2017-12, peak 2.6×)
REGI · Renewable Energy Group, Inc. (knee 2018-02, peak 2.6×)
AMRC · Ameresco, Inc. (knee 2019-11, peak 3.4×)
LOB · Live Oak Bancshares, Inc. (knee 2020-06, peak 3.7×)
FSLR · First Solar, Inc. (knee 2022-05, peak 3.1×)
LASR · nLIGHT, Inc. (knee 2025-03, peak 3.8×)
UUUU · Energy Fuels Inc. (knee 2025-04, peak 4.7×)
UEC · Uranium Energy Corp. (knee 2025-04, peak 2.9×)
CENX · Century Aluminum Company (knee 2025-06, peak 3.3×)
Corporate catalysts (10)
takeovers, spin-offs, strategic stakes, index inclusion. Signal clearly public before the knee for 0 of 10.
SRDX · Surmodics, Inc. (knee 2017-08, peak 2.6×)
PPLI · People Incorporated (knee 2020-03, peak 2.7×)
NTLA · Intellia Therapeutics, Inc. (knee 2020-03, peak 5.0×)
ASTH · Astrana Health, Inc. (knee 2021-01, peak 5.0×)
BRG · Bluerock Residential Growth REIT, Inc. (knee 2021-09, peak 2.9×)
NWLI · National Western Life Group, Inc. (knee 2022-09, peak 2.4×)
JOBY · Joby Aviation, Inc. (knee 2024-08, peak 3.0×)
NG · NovaGold Resources Inc. (knee 2025-03, peak 3.5×)
INTC · Intel Corp. (knee 2025-07, peak 4.9×)
RVMD · Revolution Medicines, Inc. (knee 2025-08, peak 4.2×)
Rate and credit cycle (7)
a turn in rates or credit changes bank, insurer and homebuilder economics. Signal clearly public before the knee for 3 of 7.
VRTS · Virtus Investment Partners, Inc. (knee 2020-05, peak 2.2×)
SIVB · SVB Financial Group (knee 2020-06, peak 2.2×)
RILY · BRC Group Holdings, Inc. (knee 2020-08, peak 2.6×)
WAL · Western Alliance Bancorporation (knee 2020-08, peak 2.2×)
MHO · M/I Homes, Inc. (knee 2022-09, peak 2.6×)
FOR · Forestar Group Inc. (knee 2022-10, peak 2.3×)
JXN · Jackson Financial Inc. (knee 2023-08, peak 2.4×)
Reflexive assets (1)
the company is a levered bet on another asset. Signal clearly public before the knee for 1 of 1.
MSTR · Strategy Inc (knee 2020-07, peak 6.8×)
Probably measurement artifacts (2)
doubled within days of a spin-off; the scan likely mis-measured them