Latest News

It’s time to get ‘aggressive’ on these stocks, Wells Fargo says


An employee, right, helps a customer change a license plate bulb outside an AutoZone store in Princeton, Illinois.

Daniel Acker | Bloomberg | Getty Images

One group of stocks that was produced pandemic-era winners could be primed for another surge, according to Wells Fargo.

Hardline retail — auto parts and home improvement, in particular — saw their sales hold up or even increase during the pandemic, but many have seen their stock prices slow in recent months. With other sectors having caught up, it is time for investors to jump back into those names, Wells Fargo said in a note to clients.

JPMorgan names Amazon a top pick, estimates 45% rally in next 12 months

Previous article

Biden to announce 90% of U.S. adults will be eligible for Covid shots by April 19

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News