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Wells Fargo Thinks It's "Time to Buy" These Two Stocks
With a full quarter of 2024 behind us, it's clear that we are in the midst of another bull run, similar to last year's. The market bottomed in October 2023 and the S&P 500 has rallied 24.5% since then. The market bottomed out in October 2023, and since then the S&P 500 has risen 24.5% and the NASDAQ Resonance Index has bounced back 29%. Year-to-date, the two indexes have risen 9% and 10% respectively, and while last year's rally was largely based on a narrow uptick in the megacorporation of tech companies, this year's rally has been based on a much wider base, offering investors more investment opportunities. This year's rally is based on a broader base, providing investors with more investment opportunities.
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