U.S. stocks staged a rapid rebound last week, closing out a dismal January on a high note and building on earnings strength for several positive sessions. Though last week’s rally may have been welcome after a tumultuous month of trading, investors shouldn’t be so fast to take it as an indication that we are in the clear.
Investors “buying the dip” in stock prices may have their reasons:
Despite reduced valuation multiples stemming fro...