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Zacks.com featured highlights include: MCRI, FCAU, PIPR, NPO and INMD

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For Immediate Release

Chicago, IL – December 22, 2020 - Stocks in this week’s article are Monarch Casino & Resort Inc. (MCRI - Free Report) , Fiat Chrysler Automobiles N.V. , Piper Sandler Companies (PIPR - Free Report) , EnPro Industries Inc. (NPO - Free Report) and InMode Ltd. (INMD - Free Report) .

5 Stocks with Recent Price Strength as Index Stay Near Record Highs

U.S. stocks are firing on all cylinders with the major stock indexes hitting new highs on Dec 17. Wall Street bulls, which regained momentum in November after two months of market turmoil, strengthened in December.  

Moreover, on Dec 20, the U.S. Congress has finally reached an agreement to approve $900 billion of a fresh coronavirs-aid package. Notably, the first round of around $2 trillion fiscal stimulus injected by the Trump administration in March, terminated in July. Several economic data showed that lack of a new fiscal stimulus has slowed the pace of U.S. economic recovery to some extent in the last four months.

Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have rallied 5.8%, 14.8% and 42.2%, respectively. By any means, this is an impressive performance considering the global outbreak of the pandemic and coronavirus-led economic devastations.

At this stage, wouldn’t it be a safer strategy to look for stocks that are winners and have the potential to gain further?

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1191182/5-stocks-with-recent-price-strength-as-indexes-hit-record-high

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

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Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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