5 Bold Market Predictions For 2020

2019 was a spectacular year for the markets and they earned their place in the record books with the Dow up 22.9%, the S&P up 28.9%, and the Nasdaq up 35.2%.

And it’s easy to see why. Our economy is the envy of the world.

Our GDP is pacing at an annual rate that’s higher than the average annual GDP since this bull market began. Unemployment is at a 50-year low. Household income is at a 20-year high. Corporate profits continue to impress. And consumer confidence is near record highs.

We also have low inflation, and still historically low-interest rates.

The best part is, as fantastic as last year was, it looks like 2020 could be even better.

Add in 2 record trade agreements (USMCA and the U.S.-China trade deal), with our 3 largest trading partners, and a wave of new prosperity should send our economy and the markets to even higher highs.

These truly are historic times.

And historic times create historic opportunities.

That’s why I’m predicting the markets will soar another 25-30% in 2020!

That’s right, another 25-30%. So make sure you’re taking full advantage of it.

And to help you make the most of this historic bull market, I’ve asked my team to share their top predictions, and where the biggest opportunities will be in the new year.

And if you’re in the right stocks, that could mean gains of 50%, 100%, 200% and more.

There were 488 stocks up 100% or more in 2019, and 195 stocks up 200% or more. If you weren’t in any of them, maybe this year you can be.

See below for how you can make 2020 your best year yet.

Prediction #1: Monster Comeback for Energy Stocks
By Tracey Ryniec

With stocks hitting new record highs to end 2019, it may seem impossible to find true value stocks. But one sector, energy, has it in spades. How cheap are energy stocks? Energy companies are cash-rich, thanks to years of cost-cutting and drilling innovation, and have been raising dividends and buying back shares.

1 2 3
View single page >> |

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.