'Don't overreact to market volatility': Strategist

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Volatility News

Matt Powers,Consumer Staples

The market has experienced volatility recently, but how should investors react? Powers Advisory Group Managing Partner Matt Powers joins Yahoo Finance to...

The market has experienced volatility recently, but how should investors react? Powers Advisory Group Managing Partner Matt Powers joins Yahoo Finance to give his insights on investing amid market volatility.

A few sectors Powers is looking at are consumer staples, healthcare, and utilities. In consumer staples, Powers notes Mondelez International , adding"right now, you'd lock in a once in a decade high in their dividend yield." In healthcare, Powers points out Eli Lilly and Company , however, was dismissive.Howmet and FTAI are near their all time highs as investors rotate out of tech stocks. The defense stocks hold strong technical ratings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in CA

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.

Strategist predicts ‘low single digit price returns through 2034′ for U.S. stocksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Source: globeandmail - 🏆 5. / 92 Read more »