WOW! Story Stocks: According to Investopedia and
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*FAANG stocks: This acronym, originally coined in 2013, refers to Facebook (now Meta Platforms, META), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), and Google (Alphabet Inc., GOOGL). These companies have been strong performers, with an average 50% increase in 2017 compared to the S&P 500's 19% gain that year.
*Magnificent Seven stocks: This newer group, recognized by a Bank of America analyst in 2023, represents seven high-performing and influential technology firms: Alphabet, Amazon, Apple, Broadcom, Meta Platforms, Microsoft, and NVIDIA. Their success is driven by factors such as technological innovation, market dominance, and financial performance.
*NVIDIA (NVDA): This company, a prominent Magnificent Seven stock, has demonstrated impressive returns, leading the pack over the past five years with an approximately 1,400% return.
*Tesla (TSLA): Another Magnificent Seven stock, Tesla's returns have also been significant, exceeding 460% over the past five years.
*Enphase Energy (ENPH): This stock significantly outperformed others during a specific presidential term, with a return of 10,678%.
*IES Holdings Inc. (IESC), Builders FirstSource Inc. (BLDR), and Comfort Systems USA Inc. (FIX): These companies, operating in less glamorous but essential industries, have demonstrated surprising long-term growth, surpassing even some of the well-known tech companies in terms of average growth rate over a 10-year period. Their success highlights that strong management and clear business strategies can be more impactful than constant media attention.
*It's important to remember that not all story stocks achieve such success; many fail to live up to their potential. Investopedia also emphasizes that the concept of "buying low and selling high" often involves identifying companies with strong underlying fundamentals and growth prospects that are not yet widely recognized and therefore not fully priced into the market.
Icymi
$SNPW Sun Pacific Power LETS ROLLL
Quote:
WOW! $SNPW apparently has a lot of IRONS in the FIRE with their Partners/Strategic , Affiliates, Advisors,3rd Partys ETC on Multiple ongoing Projects. Spanning from USA/Texas, Australia, India, Vietnam/China, Indonesia ETC ETC

