Skip to content

2 Potentially Explosive Stocks To Buy In January

breakout

As inflation spiked following the pandemic and global central banks began the fastest rate-raising cycle in modern history, virtually all growth stocks that didn’t make much in current profits got sold off hard — as in 50% or more.

While certainly some deserved that massive rerating, even many of the best-run growth names with excellent competitive positions and long-term growth prospects sold off in a big way as well.

Heading into 2023, it’s likely we will see inflation come down and the end of the rate-raising cycle at some point. When that happens, these two former darlings, down 60% and 85% from their prior highs, could start another big ascent.

Read More

This post appeared first on Trades Of The Day.