Some stocks lead loudly. Others lead silently.
Comfort Systems (FIX) has been one of the cleanest and strongest institutional-quality leaders for nearly two years and hardly anyone talks about it. It is not from a hot sector or a trendy industry group. It just keeps delivering.
Just like ELF, this stock was making new highs while the indexes were still in the 2022 bear market. Unlike ELF, it is still a top performer two and a half years later. The lesson is simple. Real market leaders often emerge in bear markets. That is one of William O’Neil’s most important teachings.
Strong earnings. Strong sales. Top tier relative strength. Consistent institutional accumulation.
Sometimes the quiet leaders end up being the real ones.
