summary
The S&P 500 is on track for another banner year in 2024, with an advance of more than 20%. The 2024 rally expanded slightly from 2023, when a handful of stocks pushed the market higher. In 2024, several sectors will outpace the S&P 500, including communications services, information technology, consumer discretionary services, and financials. Even the utilities sector rose by almost 20%. The average BUY rated stock under Argus coverage rose 19%, while the average HOLD rated stock rose 0.5%.
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