Tommy Bahama is Outperforming Everything

2022 has been a really difficult year for markets.

Just about everything is red. The only outperforming assets are things like oil, which was caused by a general squeeze and supply disruption.

Both stocks and crypto have been performing terribly.

However, if you look hard enough, you will find some interesting events. One of those is a company called Oxford Industries. It is one of the few stocks that keeps hitting all-time highs.

Who are they?

They own Tommy Bahama.

People just want to relax I guess!

Interesting reminder about keeping your eyes out for unique moves happening in all corners.

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I don't have a position in this company and don't plan to. I don't even wear Tommy Bahama! I am only sharing this chart to highlight some interesting moves in markets and that some assets are actually performing quite well relative to all the other companies out there.

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Additional context on yearly performance: it's at all-time highs and up 17% YTD. For comparison, the S&P 500 is down 13% YTD.