5 Relative Price Strength Stocks Compelling Enough to Buy
Acuity Brands(AYI) Zacks Investment Research·2024-01-29 14:16
The U.S. economy has shown remarkable strength this year, culminating in the S&P 500 Index’s all-time high last week. With three consecutive weeks of gain and 12 out of 13 weeks in positive territory, Wall Street's benchmark has demonstrated resilience.Following a notable decline in the inflation rate last year, the Federal Reserve responded by initially scaling back the intensity of interest rate hikes and eventually halting them altogether in July 2023. This strategic decision contributed to an impressive ...