As the Dow Jones Industrial Average looks to climb back into positive territory for the year, certain stocks will lead the way, according to analysts. The blue-chip index turned red for 2023 on Thursday as investors worried about the health of regional banking and weighed the effects of the Federal Reserve's most recent rate hike . Among the index's biggest losers were Disney , American Express , Goldman Sachs and Boeing .
"There is also likely ~7% upside to FY24 [earnings] consensus if macro holds up as expected , however, there is ~8% downside if the macro environment deteriorates." DIS YTD mountain Disney year to date Shares of Disney are up nearly 12% year to date. Meanwhile, Walgreens Boots Alliance has nearly 27% upside to the average analyst price target. The drugstore chain and health-care company beat expectations when it reported fiscal second quarter earnings in late March.
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