Beyond Bigger Profits: A Wall Street Rally Based on Fundamentals

Beyond Bigger Profits: A Wall Street Rally Based on Fundamentals

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stock-market-wall-street-morguefile.jpgSo far, corporate first-quarter earnings reports are delivering more than pedestrian growth, justifying a stock market rally based on fundamentals.

New hiring and more upbeat outlooks to kick off the reporting session are encouraging investors, thanks to yesterday’s announcement from Intel that they will hire 1,000 and the sunnier outlook expressed by JP Morgan Chase and Alcoa.

(READ the analysis at Forbes.com)

Photo credit: imelenchon from morguefile.com

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