4 Beaten Up Stocks to Consider Buying on the Dip -Breaking
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While the main stock market indexes have seen a rally recently thanks to strong corporate earnings reports from corporations, there have been some price drops in quality stocks and they are now trading lower than their previous highs. Meta Platforms, Visa (V), Mastercard(MA) and Intel (INTC), have all experienced impressive developments. They are likely to provide solid returns over the next few months. We believe it is a good idea to place a bet now, given the current dip in their prices. Continue reading. Although impressive third quarter corporate earnings and job growth have buoyed the market sentiment recently and driven major benchmark indexes past record levels, quality stocks have seen price drops due to concerns about market volatility. This has been caused by persistent economic problems.
Investors worry about Fed monetary policy loosening, increasing inflation and constraints in supply chains. However, the continuous digital transformation of industries, product innovation and growing demand for their services and products should be a boon to battered stocks Meta Platforms, Inc. Visa Inc . (NYSE:), Mastercard Incorporated NYSE:), Intel Corporation NASDAQ: to see a substantial rebound.
Wall Street analysts believe these stocks will deliver decent upside over the short term. On the back of recent drops, it may be a good idea to now invest in these large-cap companies.
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