Investing.com – After posting a rally of almost +6% between the low of November 27 and the peak of December 9, the has stabilized, catching its breath without engaging in a corrective phase.
However, the bullish start to December and last week’s break could create the ideal conditions for a successful end to the year on the Paris Stock Exchange index.
Let us remember that the last two weeks of December are statistically among the best of the year on the stock market, so much so that we often speak of a “Santa Christmas rally”.
Certainly, the trend of world stock markets for the last days of the year will largely depend on the Fed meeting on Wednesday, but a rate cut is anticipated, and barring a surprise, nothing should stand in the way. to a continued rise in the financial markets.
In this context, it seems interesting to take stock of the CAC 40 stocks, in order to identify those which could be the best bets for an end-of-year rally on the Paris stock market.
For this, we turned to the InvestingPro screener, in order to filter the stocks in the index meeting the following criteria:
- Upward potential of more than 20% according to InvestingPro Fair Value
- Upward potential of more than 20% according to analysts
- Overall health score greater than 2.5/5
Note that although the basic functions of the screener are accessible to everyone, in the context of this research we used functionalities reserved for InvestingPro subscribers, Pro+ plan. Subscribers can access this research via this link.
The research allowed us to identify 8 actions:
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