6 stocks to buy now for a second-half market rally: BMO

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

日本 ニュース ニュース

History says positive returns are highly likely in the second half of the year — and these 6 stocks are among the best opportunities now, according to BMO Capital Markets

After a surprisingly strong rally in the first half of 2023, BMO Capital Markets remains bullish.Here are six stocks for investors to consider in the second half of the year.

The S&P 500 seems destined to build on its 15.9% rally in the first half of the year, even though BMO's year-end price target of 4,550 suggests the index has just 2% upside from current levels. In its bull case, the firm thinks the S&P 500 could climb another 13.5% to end the year at 5,050., US stocks got momentum in mid-March that carried into the second quarter.

Historical precedent is another reason to be upbeat about stocks. BMO's researchers found that after a positive first half, the S&P 500 has risen in the second half of the year 78% of the time by an average of 6%, according to data dating back to 1950.The so-called"sweet spot" for the S&P 500 is a gain of between 10% and 15%, Belski wrote, as it rose in the second half in all 13 of those scenarios and climbed by another 11%, on average.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 729. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

$300K flying EV has already got $250M of preorders, company saysThe company behind the $300,000 flying EV the FAA approved for test flights says it has already received $250 million of preorders
ソース: BusinessInsider - 🏆 729. / 51 続きを読む »