Sumary of Read This Before Your Next Trade:
- This story originally appeared on Zacks Aside from this past week, stocks have been on a tear this year.
- In fact, stocks have been on a tear for the last year and a half.
- • Did you know that roughly half of a stock’s price movement can be attributed to the group that it’s in?
- • Did you also know that a mediocre stock in a top-performing group often outperforms a ‘great’ stock in a poor-performing group?
- • And did you know that the top 50% of Zacks Ranked Industries outperforms the bottom 50% by a factor of more than 2 to 1?• And did you also know that the top 10% of industries outperformed the most?
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