Inflation, rising interest rates, and other macroeconomic headwinds have prompted many investors to stash more of their cash in fixed-income plays like CDs and U.S. Treasury bonds rather than stocks over the past year. Instead of ignoring stocks completely until a new bull market starts, investors should take this opportunity to accumulate shares of well-run companies that are trading at attractive valuations. It was serving 20.4 million active customers at the end of its fiscal 2022 (which ended in January 2023), and about 60% of those customers joined within the past three years -- so its management team clearly didn't lose much sleep over Amazon's (NASDAQ: AMZN) entry into the private-label pet products market in 2018. Read More...
Inflation, rising interest rates, and other macroeconomic headwinds have prompted many investors to stash more of their cash in fixed-income plays like CDs and U.S. Treasury bonds rather than stocks over the past year. Instead of ignoring stocks completely until a new bull market starts, investors should take this opportunity to accumulate shares of well-run companies that are trading at attractive valuations. It was serving 20.4 million active customers at the end of its fiscal 2022 (which ended in January 2023), and about 60% of those customers joined within the past three years — so its management team clearly didn’t lose much sleep over Amazon’s (NASDAQ: AMZN) entry into the private-label pet products market in 2018.
Add Comment