Top Wall Street strategists warn market bubble fears might be overblown.
The market’s relentless rally has pushed the S&P 500 up nearly 25% from its October lows, fueled by gains in only a handful of stocks.The concentrated outperformance has prompted some on Wall Street to warn the rally has gone too far and declare stocks are in bubble territory.
But concerns over narrow market participation and frothiness may be misguided. Several top Wall Street strategists made it clear on Yahoo Finance’s "Morning Brief" last week that there’s reason to believe the market will keep going up. Strong quarterly results from big tech have bolstered the bull case. Nvidia posted another blow out quarter thanks to surging AI demand, while Meta stock has seen shares climb a whopping 71% since October, but there's more room to run according to its outlook. The post 1 Canadian Dividend Stock Quietly Crushing the TSX Today appeared first on The Motley Fool Canada.
Readers hoping to buy Baytex Energy Corp. for its dividend will need to make their move shortly, as the...Fortis stock has long been known for a reliable business and stable dividend. But with shares near 52-week lows, what should investors do? The post If You’d Invested $1,000 in Fortis Stock in 2014, This Is How Much You Would Have Today appeared first on The Motley Fool Canada.
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