| Stocks Up For The Week As Reopening Fuels Gains Image: Bigstock Stocks closed mostly higher on Friday, with all of the major indexes up solidly for the week. Growing excitement over the reopening of our economy continues to fuel stocks. All 50 states have now reopened their economies in some shape or form. While the reopening has been quite uneven throughout the country, there's been great enthusiasm and demand in the areas that have reopened. And people and businesses are eager to open up further. More and more states are readying plans to do just that as June 1st approaches. And as more and more of the country opens up, the more our economy will recover. There was lots of activity over the 3-day Memorial Day weekend. Far more than anything we've seen over the last few weeks. That shows the pent-up economic demand waiting to be unleashed. And once it is, stocks are expected to soar. That's why top analysts continue to call for an "unprecedented" second half recovery. If you thought the gains over the last couple of months were impressive (Dow up 31.6%, S&P up 32.1%, and Nasdaq up 35.9%), the gains to come are poised to be nothing short of epic. And if predictions for a 20% increase in Q3 GDP are anywhere near correct, not to mention predictions for another double-digit growth rate in Q4 on top of that (we've never seen such a thing), we could be looking at the beginning of an historic rally. So be sure you're taking full advantage of it. See you tomorrow,  Kevin Matras Executive Vice President, Zacks Investment Research | | Sponsor Problem With WFH? Check This Out... The coronavirus pandemic caused companies to allow people to work from home (WFH)... and it could stay that way for a while. What if there was a way to actually make money on the side, while you WFH? Well, it's Kyle Dennis' breakthrough strategy – basically, he sends out his highest conviction trade idea every week. Find out if Fast 5 Trades is right for you. | Most Popular Articles from Zacks.com |  Image: Bigstock | As more people stayed home during the first quarter due to the coronavirus outbreak, they spent a record $10.86 billion on computer games, hardware and accessories. Read More » | |  Image: Bigstock | Vaccines are being seen by world leaders as the only real way to restart their stalled economies. Read More » | |  Image: Bigstock | These stocks represent companies that are afloat even in difficult times because of the nature of their products and/or services. Read More » | |  Image: Bigstock | The Covid-19 pandemic put an abrupt stop to the impressive earnings growth cycle that got underway in 2010 and took corporate profitability into record territory. Read More » | |  Image: Bigstock | Many of the tech stocks that drove the historic bull market, which the coronavirus ended, are shining once again. Read More » | | Sponsor Why Haven't You Looked at Zacks' Top Stocks? Our 5 best-performing strategies have blown away the S&P's impressive +53.6% gain from 2017 through 2019. Amazingly, they soared +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%. Today you can access their live picks without cost or obligation. See Stocks Free >> | |  Image: Bigstock | Who knew Green Giant could be this hot? 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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