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Stock impact report

5 Stocks to Benefit From Relative Price Strength Trends [Yahoo! Finance]

Limbach Holdings, Inc. (LMB) 
Last limbach holdings, inc. earnings: 11/14 05:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.limbachinc.com
Company Research Source: Yahoo! Finance
over a potential recession, U.S. markets have maintained their upward trajectory in 2024, extending the impressive rally seen in 2023. Year to date, the S&P 500 has advanced more than 16%, driven by optimism as the annual inflation rate dropped to its lowest level since early 2021. This decline in inflation is encouraging news ahead of anticipated rate cuts, with market participants confident about a 25-basis point cut this month following Federal Reserve Chairman Jerome Powell's recent comments signaling cuts on the horizon. The Fed's dovish stance reflects steady declines in inflation, putting it on track to meet the 2% target. Any rate cut size bodes well for the broader economy, creating a favorable environment for stocks. At this stage, investors would be wise to consider stocks like Limbach Holdings LMB, Ubiquiti UI, Royal Caribbean Cruises RCL, DaVita DVA and Boot Barn Holdings BOOT based on their relative price strength. Relative Price Strength Strategy Investors gener Show less Read more
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