5 Stocks Not Likely to Fool You in April

From Nasdaq: 2024-04-01 08:23:00

Investors are searching for reliable investments to start April. Some promising picks include Coinbase Global, The Progressive, Sunoco, Dream Finders Homes, and Abercrombie & Fitch. History shows April to be a strong month for stocks. The S&P 500 has seen record highs in 2024, signaling potential gains. Investors may benefit from Zacks Rank #1 stocks like Coinbase, The Progressive, Sunoco, Dream Finders Homes, and Abercrombie & Fitch. Potential growth indicators include increasing earnings estimates and positive market sentiments. The U.S. economy is seeing steady growth, boosting consumer spending and global economic conditions. The homebuilding sector is showing signs of improvement, with U.S. homebuilders feeling more confident. Potential Fed rate cuts may decrease mortgage rates, benefiting the housing market. Global GDP is projected to grow, supporting retail stocks like Abercrombie & Fitch. To explore Zacks’ top stock recommendations, you can access all picks for only $1 for 30 days. This allows you to familiarize yourself with portfolio services like Surprise Trader, Stocks Under $10, and Technology Innovators.

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