Remember all the beat-up stocks investors wrote off last year? In an interesting twist, last year’s worst stocks are turning into the market’s first . And speculators are making a quick buck. The 10 worst S&P 500 stocks last year — including Generac Holdings ( GNRC ), Match Group ( MTCH ) and Align Technology ( ALGN ) — are blowing away the S&P 500 this year, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith . Additionally, this year they’re trouncing the performance of the best stocks of 2022. Talk about a role reversal. Seeing such a rally in beat-up stocks is yet another sign, along with surging meme stocks and a banner year for ARK Innovation ( ARKK ), that speculation is back in the market. "The market is hoping that all the bad news about (the fourth quarter) and forward earnings guidance is already baked into stock prices," said Nicholas Colas of DataTrek Research. From Worst To First In The S&P 500 Data undeniably shows what’s working in the S&P 500 this year is what fell apart in 2022. All 10 of the worst stocks in the S&P 500 last […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
