Top 5 Thriving Giants With Solid Upside to Tap Market Rally
AutoZone(AZO) zacks.com·2024-05-20 21:05
U.S. stock markets have resumed momentum with much vigor in May after a brief halt in April. Market participants witnessed an impressive 15-month rally before April. The rebound in May has taken a section of financial experts by surprise as they warned of further downside due to higher stock valuations and the Fed’s decision to keep interest rates higher for longer than expected.Favorable Economic DataWall Street rebounded in early May following a sharp decline in the April job additions, a notable deterior ...