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However, the market has wobbled in recent days. Both the Dow Jones Industrial Average and the tech-heavy Nasdaq retreated 0.04% on Monday, while the S&P 500 remained unchanged, ending the session at 4,682.80. However, the indices ended the trading session near their record highs.
The low-interest rates and solid corporate earnings should keep supporting the market’s momentum. Therefore, quality stocks, AutoNation, Inc. (AN), Celestica Inc . (CLS), and ARC Document Solutions, Inc. (ARC), which have an A (Strong Buy) rating in our proprietary POWR Ratings system, could be ideal bets now. These stocks look undervalued at their current price levels.