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