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Stock impact report

5 Stocks With Recent Price Strength to Tap Wall Street Rally [Yahoo! Finance]

Kingstone Companies, Inc (KINS) 
Last kingstone companies, inc earnings: 3/11 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: kingstonecompanies.com
Company Research Source: Yahoo! Finance
2.8%, respectively, in the first three quarters of 2024. On Dec 9, the Atlanta Fed GDPNow projected the GDP growth rate for the fourth quarter at 3.3%. This clearly indicates no signs of softness. The Fed will conduct its last FOMC meeting for 2024 from Dec 17-18. Market participants are highly hopeful of another round of reduction in the benchmark lending rate. The Fed reduced the market interest rate by 75 basis points in September and November to a range of 4.5-4.75%. Consequently, a few stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. Such stocks have a high chance of carrying the momentum forward. Five such stocks are — Kingstone Companies Inc. KINS, Universal Technical Institute Inc. UTI, Qifu Technology Inc. QFIN, SB Financial Group Inc. SBFG and Private Bancorp of America Inc. PBAM. If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at st Show less Read more
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