3 Stocks That Are Causing a Stampede Among Investors

Momentum is a powerful force in the stock market. Once a stock becomes popular, its ascent can defy logic and lead to a stretched valuation. While some popular stocks crash within a few months, others live up to the hype. A swift recovery in 2023 has carried into 2024, with the S&P 500 and Nasdaq 100 both up year-to-date. Some investors look for opportunities to outperform the established benchmarks. While following the crowds isn’t always the best approach, strong fundamentals can justify a stampede among ...