2023-10-09 05:06:00 ET
Short-term unpredictability is one of the few guarantees Wall Street brings to the table. Since this decade began, the three major stock indexes have ping-ponged between bear and bull markets.
When volatility picks up, both new and tenured investors tend to seek out the safety of industry-leading businesses that offer a track record of outperformance. For the past decade, the FAANG stocks have definitely met this description.
When I say " FAANG stocks ," I'm referring to:
For further details see:
1 FAANG Stock That's a No-Brainer Buy in October and 1 to Avoid Like the Plague