A handful of stocks could be poised for a strong September as they head toward what investors rtpically regard as a bullish price chart pattern. Stocks have rebounded from a sluggish start to August the month and ended with gains for all three major indexes. The By late Friday, the S & P 500 had advanced about 1.9% this month, while the Dow Jones Industrial Average added 1.5% and the Nasdaq Composite rose 0.2%.
Today's bullish signal follows a so-called " death cross " chart pattern — the opposite of a golden cross — that came in May . Investors largely view Clorox as a defensive play in the event the economy slows, and also laud its more than 3% dividend yield. Clorox surpassed Wall Street's fiscal fourth-quarter earnings estimates this month, and its fiscal 2025 earnings outlook also exceeded analyst expectations.
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Bron: Investingcom - 🏆 450. / 53 Lees verder »