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5 Phenomenal Relative Price Strength Stocks to Snap Up Now
ANFA&F(ANF) ZACKS·2024-06-06 12:50

The U.S. economy has demonstrated remarkable resilience despite interest rates reaching a 23-year high. In May, Wall Street saw a rebound, with the S&P 500 rising by 4.8%.However, the economy is cooling. The Department of Commerce revised the first-quarter 2024 GDP growth rate down to 1.3% from the previously reported 1.6%, a significant slowdown from the 3.4% growth rate in the fourth quarter of 2023. This is the lowest quarterly GDP growth rate since the second quarter of 2022.In light of these indicators ...