From Yahoo Finance: 2025-04-03 12:39:00

In a market update, JPMorgan highlights the US Fed’s decision to keep rates steady, with decreased growth forecasts and increased near-term inflation expectations. Analysts are cautious about US corporate earnings due to potential trade war impacts, with S&P 500 Q1 2025 forecasts down 4.5% since January 1.

Earnings growth for S&P 500 companies expected at 7.7% YoY, lowest since Q3 2023. Concerns over import tariffs and global trade retaliation could push the economy into recession. Uncertainties like tariffs, inflation, and bond yield increases could negatively impact the stock market, according to CNBC.

ASGN Incorporated (NYSE:ASGN) stands out in the list of best beaten down stocks to buy according to analysts. The company offers IT services and solutions, with a stock price of $63.66 and an average upside potential of ~56.1%. Analysts are bullish on ASGN, citing strategic acquisitions and growth prospects in consulting.

ASGN ranks 3rd on the list of best beaten down stocks to buy. Analysts see potential in the company’s IT staffing and federal contracting leadership, with long-term growth prospects. While ASGN is promising, other deeply undervalued AI stocks may offer higher returns within a shorter timeframe, according to Insider Monkey’s analysis.

Read more: Is ASGN Incorporated (ASGN) The Best Beaten Down Stock to Buy According to Analysts?