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5 Low-Beta Stocks to Buy as Volatility Returns to Wall Street
LMNRLimoneira(LMNR) ZACKS·2024-07-25 14:46

The Wall Street rally has suddenly come to a halt. Tech stocks that have been primarily driving the rally since 2023 have been retreating over the past week. On Jul 24, the three major indexes ended sharply lower, with the S&P 500 and Nasdaq recording their worst day since 2022. Investors have been rotating out of mega-cap tech stocks and placing their bets on small-cap and cyclical stocks over the past week in hopes that these stocks would benefit once the Federal Reserve starts rate cuts. Alphabet, Inc (G ...