Wall Street says the economy is ramping up. Some cyclical stocks to buy from Jefferies
Wall Street likes what it’s seeing out of the U.S. economy.
TL;DR
- U.S. unemployment rate fell to 4.4% in December.
- Core consumer price index rose less than expected last month.
- Federal Reserve is expected to lower interest rates twice in 2026.
- Analysts see a 'run-it-hot' U.S. economy bolstered by tax refunds and credit availability.
- Jefferies strategist advises loading up on cyclical stocks due to current undervaluation and expected earnings growth.
- Jefferies highlighted 14 cyclical stocks for 2026.
- Albemarle, a lithium producer, is cited as a strong performer due to demand in China.
- XPO, a logistics giant, is expected to see improvements despite lagging the market recently.