5 Stocks to Benefit From Relative Price Strength Trends
Boot Barn(BOOT) ZACKS·2024-09-13 20:00
Despite recent market turbulence fueled by weak economic data and concerns over a potential recession, U.S. markets have maintained their upward trajectory in 2024, extending the impressive rally seen in 2023. Year to date, the S&P 500 has advanced more than 16%, driven by optimism as the annual inflation rate dropped to its lowest level since early 2021. This decline in inflation is encouraging news ahead of anticipated rate cuts, with market participants confident about a 25-basis point cut this month fol ...