Ben Rains explores where the stock market stands following the big December rally heading into Christmas. The episode then pivots to why investors might want to buy two large-cap S&P 500 stocks— NextEra Energy (NEE) and PepsiCo (PEP)—on the dip heading into 2024 for long-term gains.
(0:30) - Stock Market Update: Will The Stock Market Rally Continue In 2024?
(3:10) - Should You Buy NextEra Energy Stock On The Dip?
(8:45) - Does PepsiCo Fit Into Your Portfolio For 2024?
Podcast@Zacks.com
Ben Rains explores the bullish market rally following the Fed’s rate cut outlook. Despite the impressive run for the Nasdaq and the S&P 500 in 2023, many large-cap stocks have underperformed for various reasons. The three highly-ranked stocks we dig into today—DocuSign (DOCU), Nike (NKE), and Target (TGT)—are all trading at least 30% below their highs and could be poised for serious comebacks in 2024.
(0:30) - Stock Market Update: Have The Bulls Taken Control of The Stock Market Heading into 2024?
(3:05) - Should DocuSign Be On Your Watchlist Heading Into The New Year?
(8:15) - Will Nike Continue To Show Growth Amid Growing Competition?
(14:30) - Is Now A Good Time To Buy Target As It Continues To Crush Earnings?
Podcast@Zacks.com