| One More Trading Day To Go, But Stocks Have Already Earned Their Place In The Record Books Stocks ended lower yesterday. But they have been on fire this year. And while there's still one more trading day to go, this year's performance has already earned its place in the record books with the Dow up 22.5%, the S&P up 28.5%, and the Nasdaq up 34.8%. And it's easy to see why. Our economy is the envy of the world. Our GDP is pacing at an annual rate that's higher than the average annual GDP since this bull market began. Unemployment is at a 50-year low. Household income is at a 20-year high. Inflation is low. And so are interest rates. Then add in 2 record trade agreements (USMCA and the U.S.-China trade deal), with our 3 largest trading partners, and a wave of new prosperity is set to be ushered in for 2020, sending stocks to even higher highs. As I've been saying all year long, these truly are historic times for the economy and the market. And I'm expecting another 25-30% again next year. Historic times create historic opportunities. So make sure you're taking full advantage of it. 2019 has been a spectacular year. But 2020 is poised to be even better. Happy New Year! Kevin Matras Executive Vice President, Zacks Investment Research | Sponsor Buy Them. Hold Them. Beat the Market. Zacks Top 10 Stocks are our most powerful recommendations handpicked for outperformance. The 2019 Zacks Top 10 Stocks portfolio is up +25.6% through November 30th with gains as high as +97.7%, and we anticipate the 2020 portfolio to climb as high, if not higher. New stocks will be released on Thursday, January 2. Be First to See Them >> | Most Popular Articles from Zacks.com | Compared to large and mid cap stocks, small caps have more growth potential and offer better returns. Read More » | | Right now is a good time for investors to add a few stocks that are fundamentally strong and belong to top-ranked industries. Read More » | | As Americans continue to splurge, it seems prudent to invest in the sector, which has gained roughly 26.3% this year. Read More » | | With technology pushing the boundaries of automation, the AI arena has witnessed significant growth. Read More » | | With the S&P 500 up nearly 30% YTD, dividend paying stocks can add to returns of this record run of the market. Read More » | | The leading advertising exchange had shares rally over 390% following their low in Q1 2018. Read More » | | Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today. Read More » | | Download our app for convenient on-the-go access to even more—daily and weekly newsletters published by Zacks experts, proprietary research and tools, and Portfolio Tracker on Zacks.com. | | | Visit Success Stories to hear how Zacks research, tools and portfolios help our members outperform the market. | Get all of our market insights and much more when you connect with us. | | |
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