To make the situation worse, inflation is currently at its peak in more than three decades thanks to prolonged global supply-chain bottleneck and acute labor shortage.ĭespite these headwinds, year to date, the three large-cap centric indexes - the Dow, the S&P 500 and the Nasdaq Composite - have surged 17%, 24.9% and 22.4%, respectively. The pandemic is not over yet and the resurgence of the Delta variant of coronavirus disrupted U.S. Wall Street has had a dream run so far this year. Here are five such stocks - Tesla, Alphabet, Home Depot, Exxon Mobil and Lowe's. Very few economists and financial analysts had anticipated such a powerful rally at the beginning of this year.Īt this stage, it will be prudent to invest in corporate giants that have popped in 2021 with a favorable Zacks Rank and strong upside left.
Instead of the technology-driven rally like last year, Wall Street is witnessing a broad-based rally this year - across all segments (large, mid and small caps) and various sectors of the economy. stock markets have seen an impressive rally after completing an astonishing 2020 despite being pandemic-ridden. Wall Street started 2021 from where it ended in 2020.
Thanks to Wall Street for a Wonderful Rally YTD: 5 Picks
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