These stocks are the biggest bargains in the S&P 500 heading into the second half

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Investment Strategy News

Markets,Conagra Brands Inc,Marathon Petroleum Corp

These steady stocks are trading a discount compared with their historical averages.

A collection of stocks with strong earnings potential and discounted valuations may be a good way for investors to find value in the market. The artificial intelligence trade has been powering Wall Street's climb higher in 2024, with market leader Nvidia surging more than 140% so far this year. Peer chipmakers including Broadcom and Qualcomm have also ridden the wave.

Chevron CEO Mike Wirth told CNBC in May that he expects natural gas demand to outpace current forecasts thanks to the increase in data centers in the years ahead. Data centers consume extreme amounts of power and are key components of fueling AI applications. "We need to have the ability to provide baseload supply for all of these needs. I think natural gas will be a big part of that equation going forward," he said . FedEx also made the list.

 

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 US

United States United States Latest News, United States United States Headlines