The coronavirus has pushed stocks into a bear market with the Dow dropping below its 2018 lows. President Trump officially shut our borders to Europe, sending equities into a free fall after-hours. The World Health Organization officially identifies the novel coronavirus as a pandemic
The markets halted trading for the second time this week after the major indexes fell over 7% in the first 10 minutes, and exhibited the worst 1-day loss since the 1987 flash crash.
The global financial markets are in duress with the world panicking about the economic implications of this spreading pandemic. The US equity markets have already priced in a minor recession, with all the major indices falling over 25% from their recent highs.
I am personally looking to buy stocks at a discount and price-average down if the market falls further. I believe that this anxiety-driven crash is a gross overreaction, and I am a buyer. Stocks that I am focused on include Disney DIS, Microsoft MSFT, Sea Limited SE, and Lockheed Martin LMT.
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Last year, it generated $24 billion in global revenues. By 2020, it’s predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world’s first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks’ 3 Best Stocks to Play This Trend >>” data-reactid=”17″>The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it’s predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce “the world’s first trillionaires,” but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks’ 3 Best Stocks to Play This Trend >>
coronavirus has pushed stocks into a bear market with the Dow dropping below its 2018 lows. President Trump officially shut our borders to Europe, sending equities into a free fall after-hours. The World Health Organization officially identifies the novel coronavirus as a pandemic
The markets halted trading for the second time this week after the major indexes fell over 7% in the first 10 minutes, and exhibited the worst 1-day loss since the 1987 flash crash.
The global financial markets are in duress with the world panicking about the economic implications of this spreading pandemic. The US equity markets have already priced in a minor recession, with all the major indices falling over 25% from their recent highs.
I am personally looking to buy stocks at a discount and price-average down if the market falls further. I believe that this anxiety-driven crash is a gross overreaction, and I am a buyer. Stocks that I am focused on include Disney (DIS), Microsoft (MSFT), Sea Limited (SE), and Lockheed Martin (LMT).
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Microsoft Corporation (MSFT) : Free Stock Analysis Report
The Walt Disney Company (DIS) : Free Stock Analysis Report
Sea Limited Sponsored ADR (SE) : Free Stock Analysis Report
Lockheed Martin Corporation (LMT) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research” data-reactid=”22″>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Microsoft Corporation (MSFT) : Free Stock Analysis Report
The Walt Disney Company (DIS) : Free Stock Analysis Report
Sea Limited Sponsored ADR (SE) : Free Stock Analysis Report
Lockheed Martin Corporation (LMT) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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