As October nears its end, Oppenheimer is eyeing some stocks that it thinks are slated for gains over the next year.
October has historically been a volatile month for stocks, and this year's period has been no different. Both the S & P 500 and the Dow Jones Industrial Average posted their third losing session in a row on Wednesday. That said, the broad market index as well as the Nasdaq Composite are still on track to close out the month in the green. These moves come amid a strong earnings season so far.
Earlier this week, Cigna shares fell after Bloomberg News, citing people familiar with the matter, reported that the company has restarted merger discussions with rival Humana after talks ended last year. The sources told Bloomberg News that the discussions are in early stages. CI mountain 2024-10-21 CI, week-to-date More growth could also be ahead for newly added Atlassian.
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