In the third quarter, stock markets posted a second consecutive quarter of remarkable overall gains. Yet it’s fair to say most would struggle to pick the stock that outshone all the others in the S&P 1500 Composite Index.
Zoom? Apple? Netflix? It was none of these, nor was it any of the other trendy Faang stocks (Facebook, Amazon, Apple, Netflix, and Google’s parent company Alphabet). Nor was it Tesla.
The biggest riser was Tupperware, up 345% for the quarter. Of course, one might reason that everyone is cooking at home this year, so the rise makes sense. But consider this: Tupperware’s remarkable quarter rocketed most dramatically in late August, after steep, double-digit declines in each of the three previous quarters.
So while you are bulk