With the bullish market trend prevailing in the economy, analysts note that high-beta stocks tend to outperform during such periods and can be much more volatile during downturns. These stocks offer the potential for outsized returns as they react more dramatically to market shifts.
Thus, for risk-tolerant investors, now might be an opportune time to consider investing in fundamentally strong high-beta stocks, Block, Inc. (SQ), Roku, Inc. (ROKU), and Lands’ End, Inc. (LE).
