+-
A Wall Street sign is mounted near the (Credit: AP / Richard Drew)

A Wall Street sign is mounted near the flag-draped facade of the New York Stock Exchange in Manhattan on May 11, 2007.

11 Long Island stocks that paid off the most this year

Not all investments are winners, but when it comes to money placed in shares of Long Island-based companies, some stocks are clearly better than others.

We've taken a look at the top Long Island companies from our annual Top Companies list and compared their opening stock prices at the start of 2014 to the latest closing prices on July 18, 2014, calculating what a $1,000 investment at the start of the year would be worth now. As an example to compare against the list, $1,000 worth of Google stock at the start of the year would be worth $1,063.04 today.

In some cases, the jump in share price for these Long Island companies has followed major news such as planned mergers and takeovers. In others, the climb has just come as a result of sector growth or good investor outlook.

Here's the list:

1. Bovie Medical Corp.

The electrosurgical device maker was based in Melville
(Credit: Google)

The electrosurgical device maker was based in Melville until April, when it shifted its headquarters to Westchester. As for the stock, it's been climbing all year.


Ticker symbol: BVX
2014 opening price: $2.15 per share
July 18, 2014, closing price: $3.79 per share
Total value of a $1,000 investment: $1,762.79

2. Aeroflex Holding Corp.

After a few solid earnings reports boosted this
(Credit: Newsday)

After a few solid earnings reports boosted this Plainview-based maker of semiconductors, the company in May announced it would be bought for $1.46 billion by a British company. The deal is expected to close in August or September.


Ticker symbol: ARX
2014 opening price: $6.50 per share
July 18, 2014, closing price: $10.52 per share
Total value of a $1,000 investment: $1,618.46

3. Medical Action Industries Inc.

Brentwood-based medical supply company Medical Action Industries in
(Credit: Google)

Brentwood-based medical supply company Medical Action Industries in June agreed to be bought by a Virginia company for $208 million. The deal has not closed yet, pending antitrust review.


Ticker symbol: MDCI
2014 opening price: $8.56 per share
July 18, 2014, closing price: $13.83 per share
Total value of a $1,000 investment: $1,615.65

ADVERTISEMENT

ADVERTISE HERE

4. Manhattan Bridge Capital

This Great Neck-based lender to real estate companies
(Credit: Screenshot)

This Great Neck-based lender to real estate companies has three times paid a dividend in 2014 as its stock continues to climb.


Ticker symbol: LOAN
2014 opening price: $1.71 per share
July 18, 2014, closing price: $2.64 per share
Total value of a $1,000 investment: $1,543.66

5. Systemax

While the stock for this Port Washington-based electronics
(Credit: Newsday)

While the stock for this Port Washington-based electronics marketer, known best for its Tiger Direct brand, has been higher in 2014, the company stock is still well above the start of the year.


Ticker symbol: SYX
2014 opening price: $11.25 per share
July 18, 2014, closing price: $13.93 per share
Total value of a $1,000 investment: $1,238.22

6. Lakeland Industries

The protective gear business is paying off for
(Credit: Newsday)

The protective gear business is paying off for this Ronkonkoma-based maker of hazmat suits, with the company's growth this year getting it placed on several watchlists. The company recently said its sales rose 8 percent compared to last year.


Ticker symbol: LAKE
2014 opening price: $5.26 per share
July 18, 2014, closing price: $6.42 per share
Total value of a $1,000 investment: $1,220.53

7. Biospecifics Technologies Corp.

This Lynbrook-based bio-pharmaceutical company that makes medicines to
(Credit: Screenshot)

This Lynbrook-based bio-pharmaceutical company that makes medicines to treat muscle diseases was recently added to the Russell 3000 Index, which ranks top global stocks by market capitalization.


Ticker symbol: BSTC
2014 opening price: $21.67 per share
July 18, 2014, closing price: $25.99 per share
Total value of a $1,000 investment: $1,199.35

8. FalconStor Software

Turnaround is the focus at this Melville-based software
(Credit: Newsday)

Turnaround is the focus at this Melville-based software company specializing in data protection. New CEO Gary Quinn said repairing the company's reputation after a bribery scandal nearly sunk the firm has been the top priority, and the stock is again climbing.


Ticker symbol: FALC
2014 opening price: $1.35 per share
July 18, 2014, closing price: $1.61 per share
Total value of a $1,000 investment: $1,192.52

ADVERTISEMENT

ADVERTISE HERE

9. Kimco Realty

This New Hyde Park real estate investment trust
(Credit: Newsday)

This New Hyde Park real estate investment trust most recently said higher revenue from rents pushed its funds from operations to $138.4 million.


Ticker symbol: KIM
2014 opening price: $19.75 per share
July 18, 2014, closing price: $23.51 per share
Total value of a $1,000 investment: $1,190.38

10. MISONIX Inc.

This Farmingdale-based maker of surgical devices hasn't seen
(Credit: Newsday)

This Farmingdale-based maker of surgical devices hasn't seen any big news in 2014, but the stock did spike in February after it reported higher sales and profit, shaking off a year-ago loss.


Ticker symbol: MSON
2014 opening price: $5.63 per share
July 18, 2014, closing price: $6.65 per share
Total value of a $1,000 investment: $1,181.17

11. Air Industries Group Inc.

This Bay Shore-based aerospace firm made its second
(Credit: NYSE)

This Bay Shore-based aerospace firm made its second purchase of the year in June with the $1.6 million acquisition of Waterbury, Connecticut-based Eur-Pac Corp.


Ticker symbol: AIRI
2014 opening price: $8.98 per share
July 18, 2014, closing price: $10.14 per share
Total value of a $1,000 investment: $1,129.18

The latest LI business news in your inbox daily. Get the Biz Briefing newsletter!

Related Media

Traders work the floor of the New York 11 worst-performing LI stocks this year These eight firms fell from Newsday's Top Companies 10 LI companies that shut or went bankrupt These 8 firms have fallen from Newsday's Top 12 LI companies that moved away

Comments

Newsday.com now uses Facebook for our comment boards. Please read our guidelines and connect your Facebook account to comment.