Score Big No Matter What Inflation Brings
The year 2022 has taught investors a lot of lessons. Even the most experienced traders on Wall Street are learning from this awfully confusing market. Perhaps the most important is that boring stocks can sometimes double as breakout stocks . Over the past two decades, high-growth technology stocks have dominated the leaderboards on Wall Street. Names like Shopify ( SHOP ), Roku ( ROKU ), Block ( SQ ), Netflix ( NFLX ), and more. Those stocks all soared hundreds of percent in the 2010s. As such, the perception has developed among investors that only hypergrowth stocks soar on Wall Street. This year has completely obliterated that thesis. Seven different stocks have soared more than 225% in 2022. Only one is what you would consider a “hypergrowth stock.” The other six are what you would consider “boring stocks.” One is an oil refiner. Another is an education services firm. One is a workforce lodging operator. Two more are natural gas exploration firms. Pretty much all are slow-growth firms.
Score Big No Matter What Inflation Brings
The year 2022 has taught investors a lot of lessons. Even the most experienced traders on Wall Street are learning from this awfully confusing market. Perhaps the most important is that boring stocks can sometimes double as breakout stocks . Over the past two decades, high-growth technology stocks have dominated the leaderboards on Wall Street. Names like Shopify ( SHOP ), Roku ( ROKU ), Block ( SQ ), Netflix ( NFLX ), and more. Those stocks all soared hundreds of percent in the 2010s. As such, the perception has developed among investors that only hypergrowth stocks soar on Wall Street. This year has completely obliterated that thesis. Seven different stocks have soared more than 225% in 2022. Only one is what you would consider a “hypergrowth stock.” The other six are what you would consider “boring stocks.” One is an oil refiner. Another is an education services firm. One is a workforce lodging operator. Two more are natural gas exploration firms. Pretty much all are slow-growth firms.