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Buy 5 Mid-Cap Stocks Poised to Turn Into Large Caps in 2025
CRSCarpenter(CRS) ZACKS·2024-11-29 20:01

U.S. stock markets have witnessed renewed momentum in 2024 after an impressive 2023. The bull run continued for the past 21 months, barring some minor fluctuations. Meanwhile, market participants are expecting a 70% chance for another 25 basis points by the Fed in December. If this materializes, then the central bank will reduce the benchmark lending rate by 1% in 2024. Aside from the three major stock indexes, the mid-cap-centric S&P 400 index has also rallied 21.4% year to date. Within the mid-cap space, ...