2023-04-14 08:30:00 ET
The S&P 500 has shown resilience in 2023, gaining 7% so far this year as investors have reacted positively to cooling inflation and look past the banking crisis that recently rocked the markets. Signs of a healthy jobs market could act as an additional tailwind along with a potential pause in the Federal Reserve's interest-rate increases.
As a result, it wouldn't be surprising to see the S&P 500 appreciate further in 2023. It's worth noting that the S&P 500's median returns in the six months after hitting a bear market low stand at an impressive 22.8% since 1925. The median 12-month gains after a bear market are even more impressive at 38%.
Two companies that investors may want to consider now are Twilio (NYSE: TWLO) and Chewy (NYSE: CHWY) . Both are expected to deliver terrific gains, according to Wall Street analysts, and are trading at attractive valuations right now. Let's look at the reasons why.
For further details see:
A Bull Market Is Coming: 2 Bargain Stocks to Buy Hand Over Fist Before They Soar 40% to 85%, According to Wall Street