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‘A different animal’: The bear market is ‘over,’ but that doesn’t unleash bulls to send stocks on a 2023 tear, according to Wells Fargo

Por: MarketWatch Business February 13, 2023

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Wells Fargo highlighted “a different animal” in the stock market, saying investors should “expect some giveback, but not a sharp near-term reversal.” The analysts said mid-cap growth stocks provide “the best risk/reward” profile, while preferring pharmaceutical equities as “the preferred defensive play.” The S&P 500, which measures the performance of large-cap stocks in the U.S., has jumped more 7% so far this year to around... + full article



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