This is what is 'essential' for this stock market rally to extend: BCA

Investing.com -- According to BCA Research, earnings growth will play a crucial role in sustaining the current stock market rally.

For Q3, BCA expects earnings growth to reach 4.9% year-over-year, though BCA suggests the actual number could hit 10.5%—just slightly behind the 13% achieved in Q2—if historical surprises hold. The firm emphasizes that all sectors, aside from Energy and Materials, should post positive earnings growth.

However, the research firm warns that earnings revisions have been significant, with estimates cut by 3.9% for the quarter, especially in sectors like Energy, Materials, and Industrials.

Portugal Últimas Notícias, Portugal Manchetes

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

A recession is imminent and favored tech stocks set to crater like the 'Nifty Fifty' did, BCA Research saysThe rise and fall of the Nifty Fifty stocks in the 1970s is a cautionary tale for investors in the Magnificent Seven craze, according to BCA Research.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »