The Dow Jones Industrial Average is on course to close Friday with its worst weekly losses of the year as trade uncertainty continues to spook investors.
"The old saying people would say [is]"don't just stand there, do something." When volatility picks up, you do just the opposite —"don't just do something, stand there." But, while you're standing there, get a list of the stocks you like and the levels you like them at," Maley said Thursday on CNBC's"Trading Nation."
"It got hit before the rest of the market did when this 'Medicare for All' situation hit and then the stock has bounced back nicely here," said Maley."This week as the market has seen the biggest decline that it has all year, UnitedHealth has actually rallied 3%." The key when investing in volatile markets is finding stocks with strong growth stories that have been"unfairly punished by short-term market noise," says Mark Tepper, president at Strategic Wealth Partners. He likes cloud computing and software as a service in this environment, and one Dow stock fits the bill.
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