It’s always a bull market somewhere. An old adage, but one recently re-proven. Consider the following stocks, which spiked even as the market tumbled: there’s H&E equipment (HEES), up from below $16 to near $19 since August 24th, Icon PLC (ICLR), up from below $65 to $75 since the last week of July, and many more besides.
So which stocks will continue higher from here? And which of the battered will rise again, stronger and higher than ever? To know, we must pry our eyes away from the seductive lie of the ticker-tape. There are far better indications of a company’s future value than the current trend-line of its price. How fast is the company growing year over year? How is it likely to respond to the new realities of the market place, including ultra-cheap oil, and the not unrelated return of the United States to the prominence of the world’s lone economic super power?
Sometimes the big headlines distract a great many people from the ongoing search for such gems, and they slip through the cracks. Here are a few that might be on their way up already, were the market not paralyzed by fear. Remember to treat these ideas as just that, ideas, and do your own research before investing.