While 2020/2021 were great years for our High Fliers, in 2022 the party ended and many of those companies like Peloton, Wayfair, and Carvana came crashing down.
While 2020/2021 were great years for our High Fliers, in 2022 the party ended and many of those companies like Peloton, Wayfair, and Carvana came crashing down.
In the first month of 2023 however, we are seeing signs that the worst may be over for the High Fliers. For many of these companies, January of 2023 was better than any month in 20' or 21'. Is the worst over for the High Fliers? Will 2023 be the start of their return to 2021 highs?
Cornell Capital Group LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein.
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