Every now and then, a company captures the attention of the entire market. Like lightning in a bottle, these companies are typically doing something innovative, disruptive and, more often than not, something that was previously considered impossible. The narrative around the company fuels the share price, and vice versa, and provided earnings keep up, a market darling is born. A previous example was Afterpay, which rocketed to notoriety, riding a wave of Buy-Now-Pay-Later fever. A current example is Life360 (ASX: 360) which has achieved market darling status and has been named by some as the most compelling growth stock on the ASX right now. So what are the stocks that the market is loving today? And are there any that have run too hard, with their share prices and outlooks departing from reality? To answer those questions, Livewire’s Ally Selby was joined by Andrew Peros from Ausbil and David Keelan from Ellerston. In this episode, they run the ruler over three market darlings, and each name a stock they think is flashing red. Note: This episode was recorded on Wednesday 20 November 2024.

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