Investors looking to sift through the sell-off should look for stocks that can withstand an economic shakeout, according to Citi.
Investors looking to sift through the sell-off should look for stocks that can withstand an economic shakeout and are now more attractively valued, according to Citi. The major averages were under pressure after a slew of soft U.S. economic data sparked concerns a recession was around the corner.
mountain Apple stock. Caterpillar also made the cut. The construction equipment manufacturer has added more than 12% in 2024. Shares got a boost Tuesday on the heels of stronger-than-expected second-quarter results, rising 3%. To be sure, analysts are lukewarm on the stock's prospects. The consensus rating on shares is a hold, and the average price target points to limited upside ahead, per LSEG. Home Depot is another name that made the cut.
Markets Home Depot Inc Caterpillar Inc Zscaler Inc Devon Energy Corp Business News
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