Wall Street has seen a bull run in 2023 after a highly disappointing 2022. Year to date, all three major stock indexes are in positive territory. In fact, the S&P 500 and the Nasdaq Composite have witnessed an impressive rally.
However, in the past one and a half months, volatility has returned to U.S. stock markets. The Dow, the S&P 500 and the Nasdaq Composite exhibited negative returns during this period. At present, market participants are clueless regarding the near-term movement of U.S. stock markets.
Meanwhile, a handful of U.S. corporate giants popped in the past three months defying volatility. Investment in these stocks with a favorable Zacks Rank should be fruitful for investors.
This post originally appeared at 24/7 Wall St.