3 Stocks That Have Tripled the Market's Return So Far This Year
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The benchmark S&P 500 has gained 9.9% year-to-date as of March 21. Three stocks that have tripled the market's return so far this year are Deckers, Meta Platforms, and Netflix. Deckers has seen strong demand for its footwear brands, with sales up 16% in its fiscal 2024 third quarter. Meta Platforms has boosted its user base and improved the economics around its ads, with net income jumping 69% in 2023. Netflix has seen accelerated subscriber growth and is expected to continue growing its subscriber base, cash flow, and operating margins. These stocks have outperformed the market due to their strong performance and growth prospects.

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