2 Stocks on My Market Sell-Off Watchlist
The stock market has been booming in 2024. Through the end of July, the S 500 index was up more than 15%, a stellar performance driven partly by artificial intelligence (AI) mania.
It's becoming less clear that the good times will last through the end of the year. Popular AI stocks have taken big hits; a weak U.S. jobs report has fueled concerns about a potential recession; and volatility may be on the rise. The major U.S. stock indices plunged last Monday, the largest one-day drop in about two years.
It's impossible to predict what the market will do in the months ahead, but long-term investors should be ready to scoop up bargains if panic takes hold. Here's why I've got Arista Networks (NYSE: ANET) and Cloudflare (NYSE: NET) on my market sell-off watchlist.
Source Fool.com
Popular Inc. Stock
We see a rather positive sentiment for Popular Inc. with 14 Buy predictions and 1 Sell predictions.
As a result the target price of 99 € shows a slightly positive potential of 14.45% compared to the current price of 86.5 € for Popular Inc..
