3 Sleeper Stocks That Are Gearing Up for Rallies
DUOLDuolingo(DUOL) Investor Place·2024-07-25 01:50

Regardless of the negative news swirling about the market right now, some sleeper stocks continue to rally and reach new highs. But while it’s easy to chase momentum, that approach has a few risks. Soaring stocks can be humbled during sharp market corrections, and a quick ascent leaves a corporation more vulnerable to a bad earnings report. Investors saw this scenario play out after the pandemic. Many stocks that soared in 2020 and 2021 proceeded to crash in 2022. Some of the stocks that fell hard in 2022 r ...