Synopsis
In a super bullish market, you tend to buy stocks without looking at their fundamentals. Similarly, in a bearish market, you may end up selling stocks when they should not be sold. What to do, then? Either just sit with cash and let the correction play out because global events are going to be creating more volatility in the coming days. Or look at buying only for the long term. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Given the fact that the Dow Jones and Nasdaq have slipped sharply for two trading sessions, the likelihood that we might see more weakness and correction in the global markets is very high. The question is: Should you react to everything that is happening in the markets and to global events? The indirect answer: There are times when no action is the best action. The reason why we are bringing this issue up at this point of time is because, in a
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