Wells Fargo Upgrades One S&P 500 Sector to ‘Favorable,’ Says Investing in the Sector Can Help Reduce Risks Posed by Inflated Stocks

Wells Fargo’s brokerage, investing and financial advisory division is highlighting one S&P 500 sector that could act as a defensive investment as some stock prices reach inflated levels. Wells Fargo Advisors says that it has a “favorable” rating on the materials sector because a “combination of cyclical and secular forces are aligning to improve” the […]
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