Workflow
3 Contrarian Stock Picks to Outsmart Wall Street in 2024
LKNCYLuckin Coffee(LKNCY) InvestorPlace·2024-02-26 21:18

Many if not most people believe that the Street is nearly omniscient. These individuals contend that the price which the market assigned to a stock correctly reflects its current value and its short and medium-term outlook. But in my experience, that’s often not the case. You can often find large returns by picking contrarian stocks. For example, when the Covid pandemic began in early 2020 stocks plunged, with the Street expecting disaster. By the end of the year however, the market was enjoying one of its ...