Is there hope for the stock market in December?
Its been an incredibly bearish year for markets, but there is hope as we head into December. The holiday season tends to bring cheer for investors ahead of what some refer to as a Santa Claus rally.
Could the bear market decline in stocks spill over into 2023?
The bear market decline in stocks could spill over into 2023 as the Federal Reserve's quantitative tightening is likely to spark liquidity risks in different areas of markets, according to Bank of America's equity strategist Savita Subramanian.
Is block stock a good buy?
Personally, Im bullish on Block stock. Its unbelievably cheap at about 2x sales. Indeed, such a multiple implies a horrid recession and high interest rates. Analysts even expect about 41% upside potential based on the average 12-month price target of $86.63.
Is GOOG stock overdone?
Regardless of what happens next, GOOG stocks drop seems overdone, and analysts agree as well, given its Strong Buy rating and $128.71 price target. The FAANG titan trades at 19.6x trailing earnings. Up or down, GOOG stock could continue to be a choppy ride for investors in December.