Zacks.com featured highlights include American Airlines, Bread Financial, American Axle & Manufacturing Holdings,...
For Immediate Release
Chicago, IL June 9, 2023 Stocks in this weeks article are American Airlines AAL, Bread Financial BFH, American Axle & Manufacturing Holdings AXL, Boise Cascade Company BCC and Abercrombie & Fitch ANF.
5 Broker-Favorite Stocks for Investors to Keep an Eye On
The debt-ceiling bill, which was signed into law by President Joe Biden earlier this month, has not only averted a major debt crisis but also seems to have infused life into the U.S. equity markets. The stellar job growth witnessed in May is another positive as far as economic health is concerned. The Labor Department stated that employers added 339,000 new jobs in May, much higher than expected. Moreover, U.S. regional bank stocks are also moving north owing to expectations of a pause in interest rate hikes.
Investors would do well to take advantage of the rosy scenario by focusing on broker-favorite stocks like American Airlines, Bread Financial, American Axle & Manufacturing Holdings, Boise Cascade Company and Abercrombie & Fitch.