5 Stocks to Buy on the Dip to Gain From the Wall Street Rally
American Water Works pany(AWK) Zacks Investment Research·2024-03-23 01:01
Wall Street had a dream run in 2023 reversing the nightmare of 2022. The impressive bull run is set to continue in 2024. Year to date, the Dow, the S&P 500 and the Nasdaq Composite have rallied 5.5%, 10.5% and 11.1%, respectively.On Mar 20, after the FOMC meeting, the Fed kept the benchmark lending rate constant in the range of 5.25-5.5%. However, the Fed’s latest “dot-plot” (a closely watched matrix of anonymous projections from the 19 officials who comprise the FOMC) shows the benchmark lending rate to co ...