There is plenty of price strength in this bull market. It’s still coming from transportation stocks and dividend-paying blue chips.
There’s also been continued price strength among home improvement retailers. Lowes Companies, Inc. (LOW) recently soared on the stock market after beating Wall Street consensus with its latest earnings report. The stock has been on a tear over the last couple of years, just like The Home Depot, Inc. (HD).
In the absence of a material shock, stocks should finish out the year with another solid gain. And this is on top of a tremendous year in 2013.
Read More: Bull Market to Continue on Near-Term Price Strength
Bull Market to Continue on Near-Term Price Strength
Started by
abbyjoseph
, Nov 21 2014 09:14 AM
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