Analysts say these growth stocks are set to jump even further — giving them over 30% upside

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

For those keen on getting back into the growth corner of the market, CNBC Pro screened for stocks in the iShares Russell 1000 Growth ETF with further upside.

Recent months have been volatile for stocks. Sharply rising Treasury yields and expectations of a recession have been bad news for stocks, with the S & P 500 and Nasdaq Composite both falling into correction territory in late October. Higher-for-longer interest rates are especially bad for growth stocks. However, investor hopes were revived after the U.S. Federal Reserve kept rates unchanged for the second consecutive meeting.

The Russell 1000 Growth Index has pulled back from its highs this year, which may present an opportunity for investors. It's still up around 28% this year, however. For those keen on getting back into the growth corner of the market, CNBC Pro screened for stocks in the iShares Russell 1000 Growth ETF that have further upside.

 

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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines