News Formal

Cheap stocks to buy in the fourth quarter, according to HSBC

  • 📰 CNBC
  • ⏱ Reading Time:
  • 40 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 72%

NASDAQ Composite Notícia

Dow Jones Industrial Average,S&P 500 Index,General Motors Co

The Wall Street firm is highlighting some stocks that have 'less demanding' valuations that investors should consider buying moving into the fourth quarter.

It's officially a new trading month, and

recommends investors broaden their exposure in the fourth quarter by seeking out stocks with more reasonable valuations. September was another winning month for stocks, as the S & P 500 saw its fifth consecutive month in the green. On the final trading day of the month, the broad market index posted another record close, adding to the index's gains of more than 20% in 2024.

has a buy rating on the stock. In all, 16 of the 29 analysts covering GM have a strong buy or buy rating, and its average price target of $54.35 implies nearly 19% upside from Friday's close, per LSEG. Pharmaceutical giant Pfizer is another name that made the cut. The U.S.-based drugmaker's shares are down almost 1% this year. However, the stock is marginally higher in the past one month.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

The one sector of the stock market that is cheap with upside todayKaren Firestone of Aureus Asset Management breaks down the case for biopharmaceuticals.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Buy US stocks with less demanding valuations: HSBCBuy US stocks with less demanding valuations: HSBC
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »