TipRanks
‘The Stage Is Set for a Rally’: Canaccord Sees up to 290% Upside for These 3 Stocks
The last few months have been tough for investors, as stocks have mostly been falling since mid-summer. To wit, the S&P 500, which peaked at the end of July, is down close to 8% from that high. The headwinds behind these losses are well-known: stubborn inflation, the Fed’s persistence in sticking to a high-interest-rate, tight-money policy in response, a worsening geopolitical situation and related rising oil prices, increasing bond yields, and the uncertainty of an upcoming election; it would b