Is Grupo Financiero Galicia S.A. (GGAL) the Best Performing Long Term Stock in 2024? [Yahoo! Finance]
Grupo Financiero Galicia S.A. - American Depositary Shares, Class B Shares underlying (GGAL)
US:NASDAQ Investor Relations:
gfgsa.com
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Source: Yahoo! Finance
Galicia S.A. (NASDAQ:GGAL) stands against the other best performing long term stocks in 2024. After the latest 50 basis point rate cut by the Federal Reserve, the market has been performing well. All of the major market indices have been in the green since then and experts are taking it as a good sign. We discussed the Fed's rate cut in our article about the best day trading stocks . Here is an excerpt from the article: “…the Federal Open Market Committee (FOMC) chose to lower its policy interest rate by 50 basis points, a move intended to ease monetary policy. Powell explained that this action reflects growing confidence that labor market strength can be maintained, while inflation continues to decrease toward the Fed's target. Powell emphasized the Fed's flexibility in its approach and noted that future rate changes will depend on incoming data and the evolving economic landscape. When questioned about the likelihood of future rate cuts, Powell said that each decision would
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News
- UBS Group AG Seeks US Banking License Expansion to Drive Growth [Yahoo! Finance]Yahoo! Finance
- 5 Low P/E Stocks Paying 3+% Dividends And With Low Debt Levels [Forbes]Forbes
- Grupo Financiero Galicia S.A. (NASDAQ: GGAL) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Best Momentum Stocks to Buy for November 12th [Yahoo! Finance]Yahoo! Finance
- New Strong Buy Stocks for November 12th [Yahoo! Finance]Yahoo! Finance
GGAL
Sec Filings
- 11/5/24 - Form 6-K
- 10/4/24 - Form 6-K
- 10/1/24 - Form 6-K
- GGAL's page on the SEC website