Market Sentiment Remains Bullish

This is a US news story, published by Yahoo Finance, that relates primarily to Jonathan Golub news.

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bullish view

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UBS picks 2 stocks to watch: Allegro MicroSystems and Chord Energy

Summary

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79% Informative

UBS chief US equity strategist Jonathan Golub has set out his own agreement with the bullish view.

He says rate cuts should lower interest expense and default risk, adding to both EPS and valuations.

Allegro MicroSystems is a semiconductor company with a focus on integrated circuits (ICs), a key component in a wide range of technological and industrial applications.

Chord Energy is an independent oil and gas company operating in the Williston Basin of North Dakota and Montana .

The company has extensive, high-quality assets in the area, including more than 1.26 million net acres and 6 operated drilling rigs.

Chord is scheduled to release Q3 earnings tomorrow ( Thursday, November 7 ).

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