3 High-Growth Stocks Hitting Fresh 52-Week Highs

3 High-Growth Stocks Hitting Fresh 52-Week Highs

Looking ahead, Wall Street’s titans see tighter market conditions putting restraints on forward growth. The culprit isn’t so much consumer price inflation as it is high asset valuations after a 20-month bull run. Or, as Goldman Sachs noted, ‘all major asset classes [are expensive] relative to history.’ In this environment, with markets running hot, there’s simply limited upside remaining for 2022, despite the turndown that started the year.

So what to do? For investors seeking the best portfolio returns, this is the only question that matters. And the answer, perhaps in a bit of a paradox, may just lie in the stock market.

The pundits are predicting that long-term returns will be lower than last year – that makes sense. But just because the aggregate rate of return is down, doesn’t mean that there aren’t still high-growth stocks out there to run with.