4 Value Stocks That Can Double in a Biden Bull Market
On Monday, March 15, both the iconic Dow Jones Industrial Average and benchmark S&P 500 hit new all-time highs. But the reality is that these indexes might just be getting started. Under the Joe Biden administration, Dow 40,000 and S&P 5,000 are a real possibility.
Although President Biden and his cabinet inherited a challenging task of getting life back to normal after the coronavirus pandemic, the recent passage of $1.9 trillion in fiscal stimulus, coupled with ongoing quantitative easing measures by the Federal Reserve, should ignite a fire under the U.S. economy. With abundant cheap access to capital, businesses of all sizes should have no trouble innovating and expanding.
While this would typically be great news for growth stocks, it's value stocks that have historically been the top-performers during the early stage of an economic recovery. Given the confluence of catalysts in the sails of publicly traded companies, the following four value stocks all have the potential to double in a Biden bull market.
Source Fool.com
