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Stock impact report

‘We Stay Bullish': Oppenheimer Suggests 2 Stocks to Buy Amid Market's Record Highs [Yahoo! Finance]

Landsea Homes Corporation (LSEA) 
Company Research Source: Yahoo! Finance
Both the S&P 500 and the NASDAQ are within touching distances of their all-time highs. Second, corporate earnings are sound, with most sectors showing double-digit year-over-year gains in the latest round of financial releases. And finally, while the Fed held steady on rates at its last policy meeting, there are signs that the pace of inflation is moderating, boosting sentiment for risk assets. The Fed's steady hand is a key point, in the eyes of John Stoltzfus, chief investment strategist at Oppenheimer. Stoltzfus sees a positive in recession avoidance, with further strength likely going forward. As he writes in his recent market strategy note, “In our view the good news for US investors in terms of the Fed is that it has been remarkably sensitive in applying its mandate to curb inflation this rate hike cycle and so far been able to avoid pushing the economy into a recession. The economy, business, the consumer and job growth persist in showing signs of resilience in data and earni Show less Read more
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