Market outlook is positive, with Nasdaq and S&P 500 hitting new highs, recommending value stocks.
From Zacks Investment Research: 2025-07-01 17:34:00
The Nasdaq and S&P 500 surged to new highs at the end of June, with the Nasdaq up 33% since April 8 and the benchmark up 25%. Despite potential selling pressure and volatility in July, trade deals, cooling inflation, and strong earnings growth expectations provide a bullish backdrop for Wall Street. Investors are advised to look for stocks offering compelling value and improving earnings outlooks. One such stock is Canadian mining company Hudbay Minerals, which produces copper, gold, silver, and more. Hudbay’s growth pipeline includes projects in Arizona, with the stock recently hitting new highs and projected to grow earnings by 42% in 2025.
Read more at Zacks Investment Research: Finding the Best Value Stocks to Buy in July – July 1, 2025