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5 Strong Picks to Ride the Wave of Relative Price Strength
COCOThe Vita o pany(COCO) Zacks Investment Research·2024-05-06 12:56

Historically, April has been a favorable month for Wall Street investors. However, this year, the month concluded on a disappointing note. Persistent inflation, a resilient job market and a significant drop in U.S. GDP growth eroded confidence in risky assets like stocks. Consequently, the S&P 500 Index plunged 4.2% in April, ending a five-month winning streak.Yet, U.S. stock markets are likely to bounce back in May, following Federal Reserve Chairman Jerome Powell's clear statement rejecting interest rate ...