CMCSA - 2 Stocks That Can Still Bounce Back in 2024
2024-07-17 10:15:00 ET
The market is rallying, and it's no longer just the largest growth stocks carrying the team. Smaller stocks are moving higher, and right now nearly two-thirds of U.S. exchange-listed stocks are in positive territory for 2024. Let's look at some of the names that aren't playing along.
Realty Income (NYSE: O) and Comcast (NASDAQ: CMCSA) are trading lower this year. They are some of the more promising candidates to join the rally in the final six months of the year.
This seems like an odd time for Realty Income to sit out a market rally. Interest rates are possibly heading lower in the coming months, and this is one of the many real estate investment trusts ( REIT s) that should benefit from the next new normal.
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2 Stocks That Can Still Bounce Back in 2024