5 Broker-Favored Stocks to Keep an Eye on in the Current Year
The U.S. stock markets, which ended 2023 on a healthy note, are likely to continue their impressive showing in 2024. With inflation cooling and consumer confidence gaining strength, the U.S. economy appears to be on a solid footing. Moreover, fears of the economy slipping into a recession eased to a great extent.Notably, several Fed officials have indicated at least three rate cuts of 25 basis points in 2024. Rate cuts will lower borrowing costs, implying that consumers will be able to spend more freely.Inv ...