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Buying Highly-Ranked Value Stocks in November and Beyond
SYFSynchrony(SYF) ZACKS·2024-11-05 19:56

The S&P 500 and the Nasdaq jumped over 1% through morning trading on election day. Wall Street has been generally pleased by earnings results thus far, and the outlook for more rate cuts remains intact even if the Fed will likely cut at a slower pace.The S&P 500 held the line at its 50-day moving average. There could, without a doubt, be more volatility and selling in the near term. It is worth remembering that the Nasdaq has soared 75% in the last two years, with the benchmark up 52%.Thankfully, Wall Stree ...