Six Rising Stocks For The Market’s Year-End Party
This year’s stock market has unique characteristics that could produce a year-end upward burst. Driving the market higher has been a heady combination of a broadly improved economy, past troubles fading away, and a significant increase in investor interest, particularly in growth stocks. In addition, over the last couple of weeks, economic readings and expectations have been ramping up.
Overlaying these excellent fundamental conditions is a key catalyst/force: The unusual containment of investor inflows and sizable stock gains within the calendar (i.e., tax) year. The flip side of the widespread “harvest losses” tax advice is the “avoid short-term gains.” And with so many large gains, particularly among growth stocks, the stage is set for a fast, meaningful rise at year-end.
This article is published on Forbes.com