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Maybe we can build a list of the craziest, most hyped, bubble stocks (or other securities) in this current market rally? Here's what I have
PLUG
TSLA
NIO
FCEL
ARKK
Bitcoin
Ethereum
And here are some performance statistics, sorted by 12 month return. Originally I was going to use % but the numbers are so huge that I decided to convert them to "multiples". For example NIO went up 17.7 fold, over 12 months ($1,000 became $17,700). The lowest performer on the list is ARKK which only about tripled in price, 2.8 times.
The winner over 1 month is PLUG.
I am not interested in owning any of these, but bubbles are fascinating to watch.
PLUG
TSLA
NIO
FCEL
ARKK
Bitcoin
Ethereum
And here are some performance statistics, sorted by 12 month return. Originally I was going to use % but the numbers are so huge that I decided to convert them to "multiples". For example NIO went up 17.7 fold, over 12 months ($1,000 became $17,700). The lowest performer on the list is ARKK which only about tripled in price, 2.8 times.
The winner over 1 month is PLUG.
I am not interested in owning any of these, but bubbles are fascinating to watch.