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According to a Reuters poll of analysts, the rally in global stocks is likely to be over soon, and a correction can be expected by year’s end. Also, Miller Tabak chief market strategist Matt Maley views a market correction as almost “obvious.”
Amid the threat of a rolling market correction and rising COVID-19 cases, Wall Street analysts predict high-yielding dividend stocks Siemens AG (OTC:SIEGY), National CineMedia, Inc. (NCMI), and FedNat Holding Company (NASDAQ:FNHC) will double in price the near term.