Cart

0

Business, Stocks

“Abercrombie’s 285% Surge in 2023 Beats Even Sizzling Nvidia”

“Abercrombie & Fitch Co. has gained 285% this year, its best annual performance since going public in 1996. The rally has made the company the best performer in the S&P 1500 Index, even managing to beat out artificial intelligence darling Nvidia Corp.’s 239% gain. The retailer has also handily outperformed its peers – the S&P Retail Select Industry Index rose 20% this year…”

https://finance.yahoo.com/news/abercrombie-300-surge-2023-beats-113000178.html

For people interested this stocks similar to this I’d be careful if I were you. Once news like this hits mainstream the rally is usually over. Don’t enter markets at the top. Enter them near the bottom. As the saying goes buy the rumor sell the news.

Leave a Reply