Dow is down 32.6% from peak. For those who are under-invested what stocks are you looking at that will power through the crisis? What entry point would be a tremendous opportunity?
6 replies (most recent on top)
Buy when it hits $.80 in two weeks.
Wait to fibo 61.8 ;down. Still way to go down.
If you believe in technical analysis next drop would be 2016 levels with S&P 500 around 1,829. A drop to that level would represent a total 46% fall
I am waiting for 40% drop. Amazon, Microsoft, Walmart
I would wait a year as I think pandemic is forcing world into deleveraging cycle. Debts will be suddenly be a problem due to unemployment. I hear our leaders talk about a quick snap back but I fear a "lost decade".
I hope for a "beautiful deleveraging" as described in this video: https://youtu.be/PHe0bXAIuk0
Anything related to cloud computing/storage, cybersecurity, online retail, high tech in general. That is where things are headed and have been for a while. Plus, look for stocks that are dividend aristocrats.
My list – Amazon, Apple, Walmart, Home Depot, Dollar Tree, Microsoft
I think markets are not going to rebound anytime soon. Read some hedge funds were levered up as much as 11 fold, markets may fall more. A lot depends on how well world's governments are dealing with pandemic. Might get some early indicators in two weeks.