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The S & P 500 surged more than 15% to start the year, marking its biggest first-half gain since 2019 — when it jumped more than 17%. As of Wednesday, the S & P 500 is trading at a forward price-to-earnings ratio of 19.3 — near the highest since April 2022. CNBC Pro screened the S & P 500 for stocks with the lowest forward PE ratio relative to their sector average. United Airlines also made the list with the lowest relative valuation among industrials. The automaker trades at a relative forward multiple of 0.21 — the lowest among consumer discretionary names.

Persons: Morgan Stanley, Adam Jonas, Michael Bloom Organizations: CNBC Pro, United Airlines, General Motors, GM

Americans are heading into the Fourth of July holiday with an economy that has been nothing short of resilient. Given this backdrop, CNBC Pro set out to find the stocks that can capitalize the most from a strong U.S. economy. Solar energy stock Sunrun also made the list. "The company is experiencing strong momentum across all its sales channels," he said in a note last month. Other stocks that made the cut include Frontier Communications , Marriott Vacations , Marathon Oil , Scotts Miracle-Gro and energy company PPL .

Persons: James West Organizations: Commerce Department, Delta Air Lines, AAA, Federal Reserve, Wall Street, CNBC Pro, U.S, Caesars Entertainment, Analysts, Financial, Frontier Communications, Marriott, Oil, Miracle, Gro, PPL Locations: U.S, Puerto Rico

The economy is showing signs of resiliency, which could mean big gains for some retail stocks. Analysts are also generally bullish on the stock with an average rating of overweight and a consensus price target implying upside of 46%. Target, meanwhile, trades at a relative valuation ratio of 0.70, with analysts on average expecting a 36% gain over the next 12 months. Other stocks that made our list include Bath & Body Works , Chefs' Warehouse , Signet Jewelers and Victoria's Secret . Bottom line: For investors looking to bet on a resilient economy, these stocks could be a way of doing it at a discount.

Persons: Greg Melich, Bud, Melich, Ulta Organizations: CNBC, InBev, Body, Chefs, Signet Jewelers

Despite a strong job market, human resources and employment services stocks have taken a beating lately. That could signal an economic slowdown ahead. Since March 1, the S & P 1500 Composite Human Resource & Employment Services Sub-Industry has seen accelerated underperformance versus the broader S & P Composite 1500 index. Large drawdowns in the jobs-related sub-industry tend to precede recessions and larger increases in unemployment. See below for details on how stocks in the S & P 1500 Composite Human Resource & Employment Services Sub-Industry have performed in recent months.

Persons: Dow Jones, nonfarm payrolls, Robert, ASGN, Korn, — CNBC's Michael Bloom Organizations: Industry, U.S . Bureau of Labor Statistics, ADP, Dow, Robert Half International, Wednesday, UBS, Robert Half, Kelly Services

Tech stocks have been having a breakout year after a difficult end to 2022. While many tech stocks have surged year to date, some are trading cheaper than their peers. The S & P 500 tech sector is the best performer year to date, jumping about 33% in 2023. Hewlett Packard Enterprise is the cheapest tech stock on the list. The company is trading at a relative P/E ratio of just 0.27 compared to the broad market tech sector.

Some stocks in the S & P 500 are cheaper compared to the sector they are in. Forward P/E allows a trader to evaluate a given company's stock price relative to its projected future earnings. AT & T 's forward P/E compared to the communications services sector average is a significant discount at 0.4 times. Meanwhile, Walgreens ' stock also has a forward P/E significantly cheaper than the average in the consumer staples sector of the market. General Motors has a forward P/E of 0.2 times earnings compared to the consumer discretionary sector.

A five-year average one-day gain of 0.5% or more after reporting The stocks have beaten earnings expectations 75% of the time over a five-year period. It beats earnings expectations by a median of 16.06% over 10 years. Shares of Garmin stock has gained 5.8% so far in 2023, and the company will report earnings on May 3. The company beats earnings expectations by 3.58% over a five-year period, while beating overall 85% of the time over the same timespan. The company also has an unblemished record over the past five years, beating earnings expectations 100% of the time.

☆ Morgan Stanley stock strategist who called the bear market says we are 'far from out of the woods'
▼ + stars: | 2023-04-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The bear market still has at least one more big drop for stocks left to go, according to Morgan Stanley's top stock strategist. The S & P 500 has gained in four of the past five weeks and is up more than 7% year to date. The benchmark index is also trading above its 50- and 200-day moving averages, lending support to some investors' belief that the bear market might be nearing its end. .SPX YTD mountain The S & P 500 has rallied in 2023. One key area of concern is that the S & P 500 has exhibiting its worst breadth since at least 2005.

Their stocks average a gain of at least 0.5% on earnings day. The companies have also beaten analysts' expectations at least 75% of the time over five years. Johnson & Johnson has been in the news in recent weeks after settling a lawsuit over claims that the company's baby powder and other talc products caused cancer for $8.9 billion. Historically, the stock has gained 0.78% on earnings day, but what's more impressive is the company's average five-year beat rate of 100%. The bank has beaten analysts' expectations 85% of the time in five years.

☆ Oil tumbles 6%, heads for worst day since July as banking crisis routs markets
▼ + stars: | 2023-03-15 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Oil prices fell Wednesday, as traders feared a brewing banking crisis could dent global economic growth. "Now near the mid-$60s, WTI crude's plunge is at the mercy of how much worse the macro picture gets." It also raised concern over the state of the global banking system less than a week after two U.S. regional banks failed. Entering this week, traders had priced in at least a 25 basis-point rate hike. Correction: Oil was headed for its worst day since July.

☆ Microsoft, Tesla stock moves hint at positive signs for the market, chart analysts say
▼ + stars: | 2023-01-27 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

The S & P 500 ended Thursday at 4,060.43. A key test for the S & P 500 The S & P 500 pushed above its 200-day moving average last Friday. Redler, who follows short-term technicals, said it is important for the S & P 500 to hold between 3,970 and 3,990. She said the S & P 500 is showing signs of being overbought short term, though there continues to be short-term upside momentum. We need to see stocks like Apple, Alphabet, Microsoft, we need to see these stocks going from downtrend to uptrend.

☆ Asia-Pacific markets trade mixed as Fed signals more pain ahead
▼ + stars: | 2023-01-06 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

South Korea's Kospi gained 0.16% despite Samsung Electronics reporting a nearly 70% fall in its final quart profits as expected . Markets in the Asia-Pacific traded mixed after the Federal Reserve signaled further rate hikes ahead. Japan is slated to release the latest Jibun Bank Composite Services purchasing manager's index reading. On Wall Street, the Dow closed 300 points lower as investors looked ahead to more jobs data scheduled to be released Friday stateside. Bed, Bath & Beyond shed nearly 30% after the company said it is short on cash and considering bankruptcy.

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