The broader market has been unstoppable ever since a first-quarter stock market crash for the ages in 2020. The benchmark S&P 500 has jumped 75% since the bear market bottom of March 23, 2020, while the tech-heavy Nasdaq Composite is up an eye-popping 104%.
These bounce-back rallies are historic in scale — yet they pale in comparison to the gains registered by a handful of momentum stocks that have recently captivated retail investors. If investors had the foresight to invest $250,000 in the following five stocks one month ago, they’d be sitting on at least $1 million, if not more, as of Feb. 10.
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