These are the best-performing stocks over the last 10 Decembers, and analysts love them

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

December is typically a strong month for stocks, and there are several good opportunities in the index for investors looking to get ahead.

Since 1950, the S & P 500 has averaged a gain of 1.5%, according to the Stock Trader's Almanac. That makes it the third-best month on average for the broader market index over that time period. Given this backdrop, CNBC Pro screened for the index's top performers during the final month of the year.

Of the analysts that cover Disney, 78% give it a buy rating. On top of that, CEO Bob Iger's recent and sudden return to the company has been a welcome change for shareholders eager to see him fix missteps made by Bob Chapek. Since then, the stock is up about 5%. Several tech stocks also made the list, including Alphabet, Broadcom, Fortinet and Qualcomm. Payments technology provider Global Payments, a financial stock, is also on the list with a 1% median gain from the last 10 Decembers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines