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3 Reasons Stay-at-Home Stocks Are Surging Again

TheMotleyFool

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3 Reasons Stay-at-Home Stocks Are Surging Again

With the accelerated rollouts of COVID-19 vaccines, you may think the stay-at-home trade is over, and the "reopening" stocks are the ones to buy today. But is that really true?

Don't look now, but after a rough start to the year, stay-at-home technology stocks surged last week and have been generally beating the market since mid-March. In fact, the tech-heavy Invesco QQQ Trust (NASDAQ: QQQ), which mirrors the Nasdaq 100, is now ahead of the more cyclical and value-oriented small-cap index the iShares Russell 2000 ETF (NYSEMKT: IWM), not only for the week, but also over the past month. That's a reversal of the trend from January and February.