In the stock market forecast 2024, investor sentiment is leaning bullish due to anticipated central bank rate cuts in Q3, which could spark a rally in rate-sensitive real estate sectors. We move to Ares Capital ( ARCC ), a specialty finance company that provides direct loans and other investments to private middle-market companies. Ares pays a quarterly dividend of 48 cents per share. At an annualized dividend of $1.92 per share, ARCC stock offers a yield of 9.4%. For example, communications was the most undervalued sector coming into 2024, yet it is now only 5% undervalued, making it the fifth most undervalued. Real estate was the second most undervalued and following a sluggish 2024 is now the most undervalued. Economists’ stock market forecast 2024 indicates emerging markets could outperform developed markets, driven by consumer growth in Asia-Pacific.
Return this item within 90 days of purchase.
Get an immediate answer with AI
AI-generated from the text of manufacturer documentation. To verify or get additional information, please contact The Home Depot customer service.