Despite the recent market volatility, benchmark indexes are expected to remain steady in the near term. And Wall Street analysts expect small-cap stocks Marathon Digital Holdings (MARA) and The RealReal (NASDAQ:) to rally by more than 90% amid bullish market sentiments. So, how can you not read on for details?.The stock market swooned on Monday on growing concerns over rising COVID-19 cases with the spread of the new COVID-19 Delta variant. However, the market soon rebounded the next day. Indeed, the has reported gains for four straight days.
While the market is highly volatile now, the National Securities chief market strategist expects this volatility to set the stage for a massive comeback, with the S&P 500 hitting 4,400 by year’s end. He also predicts second-quarter earnings will exceed Wall Street estimates.
Small-cap stocks generally perform well in a bullish market. And Wall Street analysts expect small-cap stocks Marathon Digital Holdings, Inc. (MARA) and The RealReal, Inc. (REAL) to rally by more than 90% in the near term.
Continue reading on StockNews
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.