Summary: U.S. markets have seen gains in 2023, but volatility due to Fed rate cut indications. Analysis: neutral

From Zacks Investment Research: 2024-12-24 06:46:22

U.S. stock markets have seen significant gains in 2023, with the Dow up 13.8%, S&P 500 up 26%, and Nasdaq up 33.9%. However, volatility has hit Wall Street due to Fed rate cut indications. Stocks like Private Bancorp of America, DXP Enterprises, Qifu Technology, Carriage Services, and Universal Technical Institute have shown price strength and potential for further growth. Screening criteria like price change, Zacks Rank, and broker rating have helped identify these stocks. Each company, like PBAM, DXPE, QFIN, CSV, and UTI, has unique offerings and growth potential. Sign up for a Research Wizard trial to explore investment opportunities.



Read more at Zacks Investment Research: Buy 5 Stocks With Recent Price Strength Amid Volatility – December 24, 2024