The pandemic has given Peloton (NASDAQ: PTON) a severe case of whiplash. The connected fitness company went from being unable to keep up with demand for its pricey stationary bikes to being overloaded with inventory it can't sell. Read More...
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Goldman Sachs: Buy These 2 Stocks Before They Jump 90% (or More)
The old stock market axiom to buy when others are fearful could readily apply right now, according to Ashish Shah, chief investment officer at Goldman Sachs. Amid concerns markets will be volatile following Federal Reserve Chair Jerome Powell’s Jackson Hole policy speech on Friday, Shah thinks that doesn’t mean investors should stay on the sidelines at present. It’s preferable to buy “when there’s fear in the market,” say Shah. “Don’t fall into the trap of buying when there’s FOMO,” he added. Ag
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