After a volatile start to the year, the market came roaring back in the second quarter—with the S&P 500 notching double-digit gains and hitting fresh record highs.
The rebound was driven by easing economic fears, resilient corporate earnings, and a surprisingly strong June jobs report.
Now, as we head into the third quarter, investors are wondering: Where does the market go from here and what are the best opportunities?
According to Wells Fargo, a handful of stocks stand out with “significant” upside potential for Q3. Backed by tactical catalysts and strong fundamentals, these names could be well-positioned to benefit from continued momentum... or offer relative safety if volatility returns.
Let’s take a closer look at three of Wells Fargo’s top picks heading into the new quarter.