Shares of VF Corp. surged in after-hours trading after the parent company of Vans and the North Face beat second-quarter expectations. The company is focusing on improving operations and reducing debt after facing losses and weaker demand for sneakers.
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Piper Sandler highlights the stocks most likely to benefit from bullish market sentiment
Wall Street's optimism following Donald Trump's reelection has benefited stocks that typically thrive in bullish sentiment, driven by expectations of looser regulations and lower corporate taxes. Piper Sandler's analysis shows that bullish sentiment is at an extreme, with investors anticipating market growth and improved economic data. Stocks like Uber and Garmin, which historically perform well in high sentiment environments, have seen notable gains in 2024, with Uber potentially benefiting from looser regulations under the new...
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