Meet a Little-Known Stock That's Outperforming Amazon and Tesla Since Going Public 2 Years Ago
Two of the most well-known and beloved stocks on the market are Amazon and Tesla. Indeed, these are two of the so-called "Magnificent Seven" -- seven of the largest enterprises in the entire world. And if you bought shares of this duo three years ago, you're doing quite well as of June 27, gaining 88% and 33%, respectively.However, a little-known spin-off is quietly crushing the S&P 500 and beating high-flyers like Amazon and Tesla since it went public less than two years ago. The stock may not have crossed the radar for many investors. But with household products in 36 categories that are sold at over 170 retailers worldwide, it's a brand name that's immediately recognizable to most U.S. consumers.Image source: Getty Images.Continue reading
Two of the most well-known and beloved stocks on the market are Amazon and Tesla. Indeed, these are two of the so-called "Magnificent Seven" -- seven of the largest enterprises in the entire world. And if you bought shares of this duo three years ago, you're doing quite well as of June 27, gaining 88% and 33%, respectively.
However, a little-known spin-off is quietly crushing the S&P 500 and beating high-flyers like Amazon and Tesla since it went public less than two years ago. The stock may not have crossed the radar for many investors. But with household products in 36 categories that are sold at over 170 retailers worldwide, it's a brand name that's immediately recognizable to most U.S. consumers.
Image source: Getty Images.
