(Double click to enlarge image at left)
Chesapeake Utilities Corp., Incyte Corporation and SLM (Sallie Mae) ranked in the top three in a listing of stock performance among Delaware-based companies.
The index is from SmartAsset.com ranked Chesapeake at the top with a combination of strong return and lower volatility. Chesapeake has been growing as more people switch to natural gas and the company makes smart acquisitions that included a company in Ohio that gathers gas from wells.
SmartAsset is a financial information website.
The least volatile stock among the top three is SLM (Sallie Mae). The student lending company’s stock prices have been faring well after the spin-off of loan servicing firm Navient. Navient ranked at the bottom of the list of 10 Delaware stocks with a negative return of nearly 13 percent.
Coming in at number four and five were Artesian Resources and WSFS Financial. Artesian has been growing and gaining regulatory approval for water rate increases. WSFS is also on a growth path as it acquires banks in the Philadelphia area that are challenged by regulatory costs after the financial crisis.
DuPont, which is slated to merge with Dow and then separate into three companies, came in at sixth.
