Nervous investors with plenty of cash should 'step up' and buy stocks as no big downside lies ahead, chief equity strategist at $1 trillion firm says | Markets Insider

Robert Doll, Nuveen chief equity strategist, told Bloomberg that investors who have cash right now have to"step up and put some in" the market.

He suggested investors seek companies with interesting products, good management practices, and a"bunch of cash." Robert Doll, Nuveen chief equity strategist, told Bloomberg on Tuesday that those who are nervous to enter the market right now should step up and invest if they have a lot of cash on hand.

But he also said that he doesn't"see big downside" to markets and that he thinks the economy will most likely be better off next year. Warren Buffett's bet on Barrick Gold isn't as strange as it looks. The miner models itself on Berkshire Hathaway. Doll told Bloomberg that investors should look for companies that have interesting products, manage their business well, and generate"a bunch of cash."

Stocks only go up stoolpresidente

Anytime an analyst says buy I step back and start preparing to sell :)

Sounds like a pump and dump

Oof, this screams downturn ahead

LOL! Famous last words...

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As Apple nears a $2 trillion market valuation, trader is wary of one factorThe big just keep getting bigger. Apple, the largest publicly traded company in the world, is nearing a $2 trillion market cap.
Source: CNBC - 🏆 12. / 72 Read more »

Stock futures point to modest Wall Street gains ahead of big retail earnings weekU.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing. 1,150 Americans died of Covid-19 yesterday. wow i guess all you have to do is have 170,000 people die and close most businesses and the dow will soar ?
Source: Reuters - 🏆 2. / 97 Read more »