How do you analyze growth stocks when they are at an all-time high?
Asked 4 years ago
Based on the information, it’s clear that the S&P500 index is at an all-time high and the related ETFs are also doing good, like VOO. The blue chip stocks are at an all-time high as well. So, is there room for them to grow? Are we looking for corrections very soon? How experts are analyzing this situation? Being new I am staying away from penny stocks and any of the other unknown stocks.
Thorsten Steins
Saturday, May 08, 2021
Those who want to specialise in growth stocks definitely have some advantages when trading shares. These shares usually rise continuously in their market value or stock price. So if you decide to invest here, you can't really go wrong - at least in the long term. The disadvantage of these shares is the fact that the growth in the price development is rather moderate. In order to achieve a good profit, you have to let them rest for a long period of time. Analyses are actually of little use with these shares because these companies are located in a growth market and have a size that they hardly generate losses in the long term, but will also not experience a surprising stock market all-time high. If you want to make quick and good profits, you should try your luck in other areas. S&P is particularly suitable for building up relatively secure reserves for retirement.
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