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These moves help to account for the recent pullback in commodity prices.
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Much of the renewed optimism springs from the recent pullback in oil prices.
Should you take advantage of the recent pullback in junk bond prices?
Standard & Poor's chief investment strategist Sam Stovall believes the recent pullback for U.S. stocks is a temporary one that will top out at 5% to 10% rather than prefacing a deeper correction.
The recent pullback in crude prices could spark a rebound for refiner stocks such as Tesoro and Sunoco.
"We believe that the recent pullback in the market has created an attractive entry point for investors to expand or establish a position in what we believe will be dominant market leaders," Mr. Juarez wrote, reiterating his buy recommendation on iBasis.
The recent pullback in valuations of biotech firms could stimulate Pfizer's appetite for deals, analysts said.
The Dow Jones industrial average is up about 5.5 percent since January, even after the recent pullback related to the Middle East turmoil.
The bank has moved from underperform to outperform, saying: We believe Icap is attractively positioned over the long-term and the recent pullback provides an attractive entry point.
"We view the recent pullback after disappointing drilling results offshore Brazil as a buying opportunity, especially for long-term investors".
"Given the recent pullback in AMD's stock, we believe it is now fairly valued," said Thomas Thornhill, an analyst for the research firm, in a report.
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