Core Viewpoint - The stock market is expected to rally into year-end, with many stocks traditionally performing well in the fourth quarter, particularly Zebra Technologies and Royal Caribbean [1]. Group 1: Zebra Technologies - Zebra Technologies has historically risen 91% of the time from October 9th to November 30th, indicating strong seasonal performance [2]. - The stock shows a series of higher momentum lows and an upturn in relative strength in Q4 of 2023, suggesting continued bullish momentum [2]. - The stock is projected to reach $450 by the end of 2024, supported by positive technical indicators [2]. Group 2: Royal Caribbean - Royal Caribbean has appreciated 83% of the time from October 3rd through December 31st, demonstrating strong seasonal trends [3]. - Although the stock is considered overbought in terms of price, it is not overbought in relative price, with relative strength consistently hitting new highs [3]. - The stock is expected to reach $210 by year-end, indicating continued outperformance [3][4].
Stocks This Week: Buy Zebra Technologies And Royal Caribbean Group