Five S&P 500 stocks cost more than $1,000 — only two may be worth the price

"Personally I like AutoZone," said Danielle Shay, director of options at Simpler Trading, on Monday. "It's been very consistent over the course of the last 20 years. Even throughout 2008 and 2009, you just saw a little bit of a drop."

"Also, I think on a larger macro scale, once we do see this business cycle slow down and once we do see the economy stutter a little bit, companies like AutoZone who sell parts to people who want to fix their cars instead of buy a new one, I think they're going to remain very strong," said Shay. "It's getting down to the $1,030 level that was rock solid support in both… August and October of last year and if it breaks below that level of $1,030 it's going to be very negative," said Maley during the same segment. "It's very oversold so hopefully it could bounce. So, whichever way it breaks over the next week or so is going to be very important."

TradingNation The market defies antitrust law. It creates monopolies.

TradingNation

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

These five S&P 500 stocks have the highest number of buy ratings on the StreetAmazon, Alphabet, Facebook, Salesforce and PayPal are Wall Street's most loved stocks, but only one looks especially attractive at its elevated levels, traders say. TradingNation Me think with the current container export numbers out of China and not enough port workers to unload incoming ships, it may be a great time to short your list. Cheers TradingNation Thanks TradingNation $PYPL looks well positioned in the payments processing business, this is the stock I'm paying close attention to. I like it's growth prospects. $CRM is another quality name outside the FAANG and MAGA stocks.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

This is the no. 1 S&P 500 sector to avoid here, market bull Jeff Saut saysStocks are within a whisker of all-time highs, but top market bull Jeffrey Saut isn't trusting one outperforming sector that carried the index to these heights. TradingNation Dude has no idea what he is talking about utilities are one of the best sectors 🤔oh he’s worked all these years in a fake rigged market now it makes sense 💡 PSA for all you “pros” out there fake market principles don’t apply to real market principles and vice versa just FYI TradingNation Jeff doesn’t know that utilities have too much money on hand at this is why the stocks are going up. I didn’t even research I just used common sense TradingNation Santa Saut! cc: KeithMcCullough
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »