Financials have been on fire lately. These stocks are expected to fly higher from here

Financials have been on a tear lately, and some stocks in the space could break out. The S & P 500 financial sector has advanced more than 16% this year and nearly 4% over the past month. It's also jumped 7% during the third quarter, outperforming the S & P 500's 0.3% increase. The sector has derived optimism from an expected Federal Reserve rate cut later this month, with many anticipating the U.S. economy to stave off a potential recession.

Redburn Atlantic initiated KKR late last month with a buy rating and lauded the private equity giant's efforts to diversify its business. These include its acquisition of Global Atlantic, which was completed earlier this year , as well as the company's growing list of assets. KKR YTD mountain KKR stock.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock Market Today: S&P 500 shrugs off energy, financials slide as tech shinesStock Market Today: S&P 500 shrugs off energy, financials slide as tech shines
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

Financials are a 'stealth bull market' opportunity, says Wolfe ResearchSenyek highlighted financial stocks as a beneficiary of a steeper yield curve ahead.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »