The stock market has been on a rollercoaster ride in recent years, with alternating bull and bear markets keeping investors on their toes. As we head into 2024, the question on everyone’s mind is whether the bear market will make a comeback.
In a recent presentation, Steve Reitmeister, CEO of StockNews.com and Editor of Reitmeister Total Return, delves into the current market conditions and what investors can expect in the coming year. He covers topics such as how we got to where we are now, what the future holds, and his year-end target for the S&P 500.
Reitmeister also provides a trading plan and highlights 12 top stocks to buy now. He emphasizes the importance of focusing on sectors and stocks that have been left behind, as many are currently overvalued. Using the POWR Ratings model, Reitmeister has identified healthy growing companies trading at a discount, which has led to significant outperformance compared to the broader market.
With a 31% return since the beginning of November, Reitmeister is confident in the potential for substantial gains in the remaining months of the year. Investors looking to stay ahead of the curve can gain access to his presentation by clicking the link provided.
As SPY shares trade at $521.56 per share, down slightly on Friday morning, Reitmeister remains optimistic about the market’s potential for growth. With his wealth of experience and insights, investors can navigate the market with confidence and aim for investment success in the year ahead.
