Investors are optimistic that the Federal Reserve can guide the U.S. economy smoothly, but the New York Fed’s model suggests a 46% chance of a recession within the next year. Concerns about government funding and the Middle East conflict add uncertainty and potential political risks.
Kraft Heinz (KHC)
Kraft Heinz stands out as a major company in the food and beverage industry. It oversees popular brands such as Kraft, Heinz, Oscar Mayer, and Maxwell House.
Occidental Petroleum (OXY)
Occidental Petroleum is one of the major companies in the United States involved in searching for oil and gas. Additionally, it has a significant presence in the chemicals business.
Owens-Corning (OC)
Owens-Corning produces materials like sturdy glass fibers for construction. They manufacture products used in homes and businesses, such as insulation and roofing.
Boeing (BA)
Boeing is a major U.S. company involved in defense projects and stands as one of the two primary global manufacturers of large commercial airplanes.
CSX (CSX)
CSX is a prominent American railway company. They specialize in transporting goods using trains, offering both regular train services and the transportation of large containers and trailers.
Five Below (FIVE)
Five Below operates stores where the majority of items are priced at $5 or less. Their focus is on providing affordable products for customers.
RenaissanceRe (RNR)
RenaissanceRe is a company based in Bermuda that provides insurance and reinsurance services.
Sarepta Therapeutics (SRPT)
Sarepta Therapeutics is a company focused on developing treatments for muscle diseases such as Duchenne muscular dystrophy (DMD) and Limb Girdle muscular dystrophy (LGMD). They are actively working on therapies that involve skipping specific gene parts and utilizing gene therapy.
Teva Pharmaceuticals (TEVA)
Teva Pharmaceuticals is a company located in Israel that produces both generic and branded medications.
*The information is obtained from reports by StockRover and analysts at Bank of America, and it is current as of November 8, 2023.
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