3 Stocks That Have Trounced the Market in 2022
Investors will not be sad to put the first half of the year behind them, as the market has been absolutely crushed this year -- the S&P 500 is down more than 21% year to date and in bear market territory. High inflation, rising interest rates, Ukraine, and the possibility of a recession have put investors on edge and had them repositioning their portfolios and heading for the sidelines.
Still, there have been some stocks that have not only been able to beat the market handily through the first six months of the year but also stay in the green. Here are three in particular.
The large and historic beverage company Coca-Cola (NYSE: KO) is up more than 6% this year. As one of the most well-known brands in the world, Coca-Cola is a stock that investors frequently pour into when they start to sniff inflation or a recession, largely because of the company's strong brand power, which allows it to pass on higher costs associated with running its business to customers without too much pushback.
Source Fool.com
