Cactus, Inc. Class A WHD

Cactus has had an impressive run over the past six months as its shares have beaten the S&P 500 by 18.3%. The stock now trades at $66.05, marking a 36.7% gain. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.

Even if they go mostly unnoticed, energy businesses are the backbone of our country, providing the energy we need to power our lives and businesses.But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates and commodity prices), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 2.4% over the past six months. This performance is a stark contrast from the S&P 500’s 18.4% gain.