Posted 4/2/2024, 11:15:34 AM
Market Breadth Expands as Analysts Bullish on Delta, Amazon, Schlumberger; S&P 500 Sees Most 52-Week Highs in 3 Years
- Market breadth improving with 118 S&P 500 stocks near 52-week highs, the most in 3 years
- Despite broader rally, investors still focused on mega-cap tech contributing large portion of index growth
- Delta Air Lines, Amazon, and Schlumberger have over 90% buy ratings from analysts
- Lamb Weston distributing $0.36 dividend per share on May 31 to shareholders before May 2
- The author does not own any shares mentioned; content is educational and not investment advice