A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at consumer internet stocks, starting with Airbnb (NASDAQ:ABNB).
Since June 2020, the S&P 500 has delivered a total return of 83.5%. But one standout stock has more than doubled the market - over the past five years, Carvana has surged 201% to $342.50 per share. Its momentum hasn’t stopped as it’s also gained 36.3% in the last six months thanks to its solid quarterly results, beating the S&P by 38.8%.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online retail stocks fared in Q1, starting with Carvana (NYSE:CVNA).
New leveraged single-stock ETF focused on Carvana Co. seeks to provide double the daily performance. Timely launch as stock rallies over 60% this year.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Alphabet (NASDAQ:GOOGL) and the best and worst performers in the consumer internet industry.
CARVANA CO (NYSE:CVNA) meets Minervini’s Trend Template with strong technicals and high-growth fundamentals, making it a compelling stock for momentum and growth investors.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how consumer internet stocks fared in Q1, starting with Robinhood (NASDAQ:HOOD).
