3 Financial Stocks Set to Outperform the Market in 2024

Fundstrat analyst Tom Lee, who correctly called last year’s rally of the S&P 500 in the face of tremendous pessimism about U.S. equities, recently advised investors to overweight certain financial stocks. Specifically, Lee said on The Julia LaRoche Show that with interest rates are likely to fall meaningfully this year, and the most obvious beneficiaries will be banks. I agree that banks will do well in 2024, but for a slightly different reason. Although I believe that housing prices are likely to drop, I t ...