5 things to know before the stock market opens Monday

2. The stock market is expected to have much smaller gains next yearFischerrx6 | iStock | Getty Imageswith Wall Street firms targeting an average 3,320 for the S&P 500 by the end of 2020, according to a CNBC survey. Such an advance, representing a 2.4% gain from Friday's record high close, would be less than a tenth of what the index's 2019 return. The S&P 500, on average, gained 6.6% in the fourth year of a presidential term when a Republican is seeking reelection.

A General Motors assembly worker works on assembling a V6 engine, used in a variety of GM cars, trucks and crossovers, at the GM Romulus Powertrain plant in Romulus, Michigan, August 21, 2019.Economists are looking for a December reading of 47.4 compared to 46.3 in November. A reading below 50 is typically seen as a sign of an economic slowdown and contraction in the sector.

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Wall Street analysts say these stocks are 'undervalued' heading into 2020CNBC combed through recent Wall Street research to find stocks that top analysts say are 'undervalued.' Among them, Dupont, GoDaddy, and Royal Caribbean. Compared to Uber and Twitter’s market caps, everything is undervalued! GoDaddy $GDDY, has the best PE in a long time, Chart with price and EPS below.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »