Short squeezes are the latest get-rich-quick fad catching the attention of the investor community. Hedge funds that shorted popular stocks are getting burned as small investors band together to force them to cover their positions, sending share prices on an exaggerated run. While some speculators have scored a quick buck by getting in and out of these trades, others have gotten burned badly.
However, because you only live once, it doesn’t make sense to wager everything on a stock trade that could end in financial ruin. That’s why we like investing in companies that have a high probability of enriching their investors over the long term. Three wealth creators that our contributors think offer a much a better risk/reward profile than the current craze of short-squeezed stocks are global infrastructure giant Brookfield Infrastructure (NYSE: BIP)(NYSE: BIPC), utility Consolidated Edison (NYSE: ED), and trash hauler Waste Connections (NYSE: WCN).