It's been a stellar first half for the S & P 500 , and some stocks in the index may be poised for rallies in the back end of the year. The broad-market index is on track to finish the first half of the year about 13.8% higher. That would mark its best first half since 2021, when it gained 14.4%, according to CNBC data. Information technology, consumer services and consumer discretionary stocks have led the index's ascent, with the three sectors all up more than 30% on the year.
That would mark a stark turn, as the medical stock has fallen about 14% since the start of the year. Wells Fargo analyst Timothy Daley initiated coverage at overweight earlier this month. That puts him in the majority, with more than 85% of analysts rating Bio-Rad a buy despite its underperformance this year.
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