Data News > Pre Market Movers: Wall Street Anticipates Broad-Based Rally in Q2: 5 Top Picks for Investment

Pre Market Movers: Wall Street Anticipates Broad-Based Rally in Q2: 5 Top Picks for Investment

By KlickAnalytics Data Insights  |   April 3, 2024 09:31AM ET

Key Points

- Wall Street is expected to experience a widespread rally in the second quarter
- It is advisable to consider investing in non-technology stocks with a favorable Zacks Rank
- Five recommended stocks for potential investment are WELL, GIS, ELV, RCL, and RYAAY

Wall Street is gearing up for a broad-based rally in the second quarter, and investors are looking for potential investment opportunities in non-technology stocks with a favorable Zacks Rank. With this in mind, there are five stocks that stand out as promising picks for the near future: WELL, GIS, ELV, RCL, and RYAAY.

WELL is one of the top picks for investment, with a strong Zacks Rank and promising growth prospects. The company's performance in the healthcare real estate sector has been impressive, making it an attractive option for investors looking for stability and potential returns.

Another stock to consider is GIS, which has shown resilience in the consumer staples sector. With a favorable Zacks Rank and a solid track record, GIS is poised for growth in the coming months, making it a compelling choice for investors seeking stability and potential gains.

ELV is also worth considering for investment, as it has demonstrated strong performance in the financial sector. With a favorable Zacks Rank and promising growth opportunities, ELV is positioned to deliver value to investors in the near future.

RCL, a leading player in the leisure and recreation industry, is another stock to watch in the second quarter. With a favorable Zacks Rank and a strong market position, RCL is well-positioned to benefit from the expected rally on Wall Street, making it an attractive option for investors.

Finally, RYAAY is a standout pick for investment, with a favorable Zacks Rank and promising growth prospects in the transportation sector. The company's strong performance and solid fundamentals make it an appealing choice for investors looking to capitalize on the anticipated rally in the second quarter.

As Wall Street prepares for a broad-based rally in the second quarter, investors are advised to consider non-technology stocks with a favorable Zacks Rank for potential investment opportunities. With promising picks such as WELL, GIS, ELV, RCL, and RYAAY, investors have a range of options to capitalize on the expected market upturn in the near future.

About ELV
Elevance Health Inc. operates as a health benefits company. It supports consumers, families, and communities across the entire care journey connecting to the care, support, and resources to lead healthier lives. It serves approximately 118 million people through a portfolio of medical, digital, pharmacy, behavioral, clinical, and care solutions. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health Inc. in June 2022. Elevance Health Inc. was founded in 1944 and is headquartered in Indianapolis, Indiana.

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  • Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.