Buy These 5 Year-to-Date Laggards With Strong Upside Potential
ACMAECOM(ACM) Zacks Investment Research·2024-05-09 21:36

U.S. stock markets regained momentum after facing a setback in April. Prior to April, Wall Street witnessed an impressive 15-month rally. Wall Street’s bull run has got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation.In 2023, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — jumped 13.7%, 23.9% and 43.4%, respectively. Continuing the bull run, the S&P 500 rallied 10.2% in first-quarter 2024, marking ...