These Soaring Stocks Could Help Supercharge Your Returns
After the worst year for the stock market since the 2008 market crash, some stocks have rebounded in 2023.
Airbnb (NASDAQ: ABNB) has climbed 49% since the new year began, as its recent financial results continue to speak to the rental platform's long-term growth potential. Meanwhile, Monday.com (NASDAQ: MNDY) is experiencing robust growth for its workflow management software platform. After a sharp fall in 2022, the stock has rebounded 26% year to date. These stocks are soundly outperforming the S&P 500 index this year.
Focusing on stocks with the best relative performance compared to the major indexes can be an effective strategy in identifying long-term winners. Here's why investors can still expect these stocks to deliver wealth-building gains from current share price levels.
Source Fool.com
