11 stocks in the S&P 500 expected to form an exclusive growth club for investors

Following an 18% decline for the S&P 500 index in 2022 and a volatile and disappointing pullback from this year’s stock-market rebound that crested early in February, some investors may need to be reminded about how well patience can be rewarded.

First, take a look at this 10-year price chart for the SPDR S&P 500 ETF Trust SPY , which tracks the benchmark index SPX : The following screen began with the S&P 500 and then used consensus estimates among analysts polled by FactSet to narrow down the list as follows: Most of these stocks appear expensive by traditional measures. Then again, the same could be said for Amazon.com Inc. AMZN , whose forward price-to-earnings ratio has averaged 69.6, while ranging from 45.7 to 148.7 over the past 10 years, as the stock has risen by 640%.

be cautious with present valuations

Growth club? That could be a good idea to engage with the right crowd

🤡

Correction: S&P 15

👍👍👍👍👍👍👍👍👍👍👍👍👍👍

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts prefer these five stocks despite ongoing uncertaintyTipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Foot Locker. For my experience, when you read about free stock tips in CNBC, it’s usually too late to buy those stocks even if they are good stocks. Remember - there’s no free lunch in Wall St. 😉😁
Source: CNBC - 🏆 12. / 72 Read more »

These are the three most disliked Dow stocks by Wall Street analystsThe Dow Jones Industrial Average gained 1.2% last week. Yet it was anything but a smooth ride for investors. Why INTEL building chip factories in USA?
Source: CNBC - 🏆 12. / 72 Read more »