MSB News: 5 Stocks to Ride the Santa Claus Rally - 22nd Dec 2023, 1:38am

[annb0t]

Heading into the final week of the year, markets are bracing for the so-called Santa Claus rally. The Santa Claus rally refers to the increase in stock prices in the final week of the calendar year (i.e., between Christmas and New Year’s Day) that extends into the first two days of the New Year. According to the Stock Trader’s Almanac, a Santa Claus rally has occurred 59 times since 1950 and the S&P 500 has risen 1.3% on average during this period.

While most of the stocks will see ...

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