It is no secret that the stock market is often a roller coaster of highs and lows. Many stocks may go up and down at a moment’s notice, with no rhyme or reason for why this happens. However, one stock is currently surging and has been doing so for a while. This stock is up a startling ninety percent since this year began, making it one of the top stocks to watch.
This stock in question is the direct-to-consumer drug company Shield. The company’s shares have surged 90% since the beginning of 2021 and have been on an upward trend for the past year. The last time the company saw such a huge jump was in 2003. Since then, the stock has remained relatively steady, until now.
This surge in stock price is attributed to a string of positive developments the company has had over the past few months. The company’s website has experienced tremendous growth, due to its low-cost prescription drugs, as well as its innovative delivery methods. The company also recently announced a partnership with a major pharmacy chain, which will further increase its presence in the market.
In addition, Shield has increased its online presence and reach, making it one of the top stocks to watch. This has been done through a series of marketing campaigns and by launching several new products and services. This has led to increased sales and revenue for the company.
Given the amount of positives developments the company has seen over the last few months, it is expected that the stock will continue to increase in the near future. This, coupled with its optimistic outlook for the future, makes it one of the top stocks to watch. Investors who are looking for a reliable stock to invest in may want to keep Shield on their radar.
Despite the positive outlook however, there is still a great deal of volatility in the stock market and investors should always do their own research and use caution when investing. It is always important to be mindful of risks and be aware of the potential for declines.
Overall it seems that Shield is on an upward trend right now and the company has done numerous things to ensure its growth in the near future. Its strong stock performance and future outlook makes it one of the top stocks to watch.
