Goldman Sachs reveals why only 18% of stocks hit new highs despite market records
Key Points
- Only 18% of stocks in the Morningstar US Large-Mid Index hav...
Only 18% of stocks in the Morningstar US Large-Mid Index have hit new 52-week highs, despite the index itself reaching all-time records. Think about that for a second - it's like having a party where only one out of every five guests is actually having fun, while everyone else stands around wondering why they bothered showing up.
Welcome to July 2025, where the stock market resembles a high school popularity contest, and the cool kids table is getting uncomfortably crowded. The "Magnificent Seven" tech stocks continue their victory lap while the rest of the market watches from the sidelines, ...
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