Four Hated Stocks Are Crushing the Market Right Now
Wall Street's most feared stocks are posting unbelievable gains. Here's why the crowd might be dead wrong.
Sometimes the trade everyone hates is the trade you need to make. Right now, four stocks are putting up jaw-dropping performance numbers while the rest of Wall Street runs the other way. That disconnect is worth paying attention to.
Fear and hatred on the Street often signal opportunity, not danger. When institutional money piles out of a name and retail sentiment turns ugly, prices get suppressed below fair value. That's the setup. And apparently, that's exactly what's playing out with these four outliers.
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The phrase 'this time is different' is usually the most dangerous sentence in investing. But markets do evolve. Business models shift. What looked broken can quietly fix itself while analysts are still writing bearish notes. If the performance data says one thing and the consensus says another, at some point you have to respect the tape.
Ignoring a strong chart because a stock has a bad reputation is how you miss multi-baggers. The most hated names on Wall Street have a long history of humiliating the skeptics. These four appear to be doing exactly that right now, and the pain trade is higher for anyone sitting short.
Don't let the crowd's opinion be your position sizing strategy. The data is the data. Continue reading at US Top News and Analysis.
