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    Home»Growth Stocks»Get Smart: Why US Stock Prices Can Soar Even Higher
    Growth Stocks

    Get Smart: Why US Stock Prices Can Soar Even Higher

    US stock prices have rallied by almost 90% since hitting a low in March 2020. But if your view is long enough, stock prices can still rise.
    Chin Hui LeongBy Chin Hui LeongMay 21, 20211 Min Read
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    I have a confession to make …

    I have never timed the market perfectly.

    Let me share an example.

    In 2010, I bought shares of Booking Holdings (NASDAQ: BKNG), Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL).

    Buying three stocks is only half the story.

    Here’s the kicker: when I scooped up those four shares, the S&P 500 had rallied by 68% from its March 2009 low during the Global Financial Crisis.

    In other words, the prices which I got for the three shares were nowhere as cheap as they were during the depths of 2009.

    In fact, by the time I bought these shares …

    Apple stock had almost tripled from its low.

    Amazon stock had doubled.

    And Booking Holdings stock had soared by over 150% from its March 2009 low.

    Please click HERE to read the rest of this article.

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