Breakout stocks like Nvidia (NASDAQ:NVDA) may have captured headlines this year, but plenty of companies with as much (or more) potential are rapidly rising. And, unlike breakout stocks like Nvidia, investors tend to overlook their potential despite their rapid gain over recent months.
Many investors are increasingly nervous about over-concentration in their portfolios, particularly as the breakout stocks within the S&P 500 account for much of the index’s gains.
But over-concentration isn’t a problem for these breakout stocks, as none are in the S&P 500 despite their continued strength (though one is eligible and may be added soon). Ultimately, these overlooked breakout stocks offer diversification away from mega-caps and continued upside to come.
This post appeared at Dynamic Wealth Report.