Although we don't want to give a specific stock, think about it like this: If a stock has the following characteristics in this type of market environment:
1) a low P/E ratio
2) a healthy dividend rate
3) stable and strong earnings
4) a strong brand
5) a leader in its respective industry
Then you might want to consider buying it.
Right now there are some incredibly low priced and fairly valued financial services sector stocks, as well as banking sector stocks.
But be careful, sometimes it's wise to diversify an individual stock holding with a nice ETF, or a few ETF's to offset the systemic risk.
Have a good night.
The Wealth Management Team Of WallStreeti.com, LLC
Disclaimer(s):
The Information Contained Herein Is Based On Data Obtained From Sources Believed To Be Reliable. However, Such Data Is Not Guaranteed As To Its Accuracy Or Completeness And Is For Informational Purposes Only
Always consult the advice and counsel of a Wealth Manager who is a Fiduciary.
Understand that past performance is no guarantee of future results when investing.
Investing in stocks and bonds carries significant types of risks in all types of market environments. Investing in stocks and bonds does also carry risk(s) of losing your entire principal investment. You should always consult with your Financial Professional before purchasing any investment to examine its merits, and to weigh its risks. There is no such thing as a ‘guaranteed investment’ and you should be very skeptical when you are told that something is ‘guaranteed’, unless of course it is an instrument backed by the Full Faith & Credit Of The United States Of America.
No comments:
Post a Comment