Ben Rains dives into where the stock market stands in the back half of May as we close out the first quarter earnings season. The bulls remain in control of the market right now, and debt-ceiling positivity helped send stocks higher on Wednesday and Thursday.
The great start to 2023 might have some investors nervous about “chasing” stocks right now. But long-term investors don’t need to worry too much about market timing. Plus, there are many great stocks with proven and resilient businesses that investors should feel comfortable buying now at rather attractive levels and holding for the long haul. The two stocks we dive into today are Visa (V) and Thermo Fisher Scientific Inc. (TMO).
(0:30) - Stock Market Update: Everything You Need To Know Right Now
(4:50) - Is it Time to Buy Thermo Fisher Scientific Stock with TMO's Valuation Looking Great Considering its Long-Term Growth Prospects?
(10:35) - The Credit Card Powerhouse: Does Visa Stock Fit Into Your Portfolio as Consumers Keep Swiping?
Podcast@Zacks.com