Wells Fargo Securities' Christopher Harvey is telling investors the best opportunities are in the hardest hit parts of the stock market. He believes the potential rewards outweigh the risks.
In addition to fewer new virus cases, better spending patterns and the gradual reopening of the economy, Harvey highlights unprecedented fiscal and monetary policy as bullish catalysts for stocks.," Harvey said. "Now, what we are telling them [investors] is we want them to start putting risk into the portfolio."
"We do want to buy some of these beaten up credit card names. We want to add some of these bombed out media names," said Harvey. "Some of the railroads look really interesting ... At some point, we are going to start moving things around the country once again."
TradingNation CAgovernor GavinNewsom’s Executive Order N-63-20 is expired SOE was signed on 3/7/2020 (March = 30 days, April = 30 days), Newsom officially signed the extension on 5/7/2020, it’s 60 days, not 2 months! 8627.5. (a) & (b) and 8558, we are NO longer in State of Emergency
TradingNation wells fargo , citi bank are big manipulator ,see
Fox News is the premier news source.
TradingNation Covid 19 just say we are close to baccine
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »