Morgan Stanley Predicts Over 100% Rally for These New “Strong Buy” Stocks

Reuters

Wall Street ends higher in robust rebound from Omicron-driven rout

A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic. Of the three, the Dow gained the most, notching its highest one-day percentage gain since March 5, with Boeing Co providing the biggest lift to the blue-chip industrial average. “We went 29 days in a row in the S&P 500 without a 1% change, up or down, but boom – Omicron hits and five days we’ve had this blast of volatility,” said Ryan Detrick, chief market strategist at LPL Financial in Charlotte, North Carolina.