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Stock impact report

5 Strong Picks to Ride the Wave of Relative Price Strength [Yahoo! Finance]

SkyWest, Inc. (SKYW) 
Last skywest, inc. earnings: 1/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Persistent inflation, a resilient job market and a significant drop in U.S. GDP growth eroded confidence in risky assets like stocks. Consequently, the S&P 500 Index plunged 4.2% in April, ending a five-month winning streak. Yet, U.S. stock markets are likely to bounce back in May, following Federal Reserve Chairman Jerome Powell's clear statement rejecting interest rate hikes in the post-FOMC meeting. Investors also welcomed better-than-anticipated first-quarter 2024 earnings results. Given the circumstances, it's wise for investors to focus on stocks with a strong relative price performance. This strategy allows them to capitalize on promising opportunities with the potential for high returns. Relative Price Strength Strategy Whether a stock has the potential to offer considerable returns is determined primarily by its earnings and valuation ratios. Simultaneously, it is essential to check whether its price performance exceeds its peers or the industry average. Upon such c Show less Read more
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