For Immediate Release
Chicago, IL – November 9, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include DXP Enterprises Inc. (DXPE – Free Report) , Bristol-Myers Squibb Co. (BMY – Free Report) , EnPro Industries Inc. (NPO – Free Report) , Illumina Inc. (ILMN – Free Report) and NetApp Inc. (NTAP).
Today, Zacks is promoting its ”Buy” stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Thursday’s Analyst Blog:
Wall Street Likely to Sustain Post-Midterm Rally: Top Picks
Following a jolt in October, Wall Street has been in recovery mode since the beginning of November. This recovery gained a boost on Nov 7, as U.S. stocks rallied following the declaration of midterm Congressional election results. In fact, investors’ optimism has been revived on risky assets like equities with a divided U.S. Congress where Republicans have strengthened hold on the Senate while Democrats regained control of the House of Representatives after eight years.
Wall Street bull run is likely to continue in the rest of 2018 as holiday sales season is approaching. Consequently, it will be prudent to invest in stocks from industries like infrastructure, construction, healthcare and technologies with a favorable Zacks Rank.
Is Divided Congress Good for Investors?
Some analysts are also optimistic about Trump’s earlier comment that he is willing to co-operate with Democrats for some of the core Democratic issues like price control on pharmaceuticals, increased spending on infrastructure projects and middle-class tax cut. Democrats are also likely to co-operate with Trump administration regarding higher defense spending on 2019.
However, much will depend on Trump’s attitude as he already warned Democrats of