BIPC - A Bull Market Is Coming: 2 Stocks That Could Skyrocket
2023-04-28 17:42:00 ET
Even after recovering from October 2022 lows, the S&P 500 index is down by over 13% since the start of 2022. Stocks of many good companies have also corrected during the recent bear market. But a bull market is coming, and when it does, shares of those companies could outpace the index.
Tesla (NASDAQ: TSLA) and Brookfield Infrastructure (NYSE: BIP) (NYSE: BIPC) are two businesses that have thrived even while their stocks have struggled. Both should see their share prices recover greatly when the market turns, though for different reasons. Owning both is a good way to diversify and prepare for the next bull market.
Tesla shares have been cut in half over the past year. That drop has occurred even as the business has thrived. It makes sense, though, considering how much speculation and future growth were being priced into the stock. The good news for investors now is that the expected growth has come to fruition, and the company is generating tons of cash and profits. That cash flow is now being used to expand the business even further.
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A Bull Market Is Coming: 2 Stocks That Could Skyrocket