Following a sharp correction in November, sparked by a tech-led pullback, concerns over AI capital expenditure payoffs and renewed anxiety about the pace of rate cuts have led to a surprising rebound in the broader market. The S&P 500 now sits just 1% below its all-time high, and with a Fed decision approaching where odds strongly favor a 25 bps cut, investors are once again positioning for upside into year-end.
In this environment of rising momentum and improving sentiment, a handful of stocks are setting up for potential breakouts. Three in particular stand out, each sitting just below critical resistance levels and showing technical and fundamental strength that could fuel meaningful continuation.
