September stocks you may want to hold, and to fade, after S&P 500's best August since 1986

Gradient Investments President Michael Binger is still holding onto Apple and Salesforce into September. He says Apple stock still looks relatively cheap with an attractive amount of cash on their balance sheet, while Salesforce should benefit from momentum."Target is going to have a very hard time.

I mean, they've benefited from stocking up, working from home, not going out, just going to Target or Walmart, they've benefited there, so I think those comp numbers that they put up, those sales comps, are going be hard to repeat," Binger said during the same "Trading Nation" segment.XRT retail ETF"I would also fade Nvidia. Nvidia already trades at two times its growth rate, it's close to 50 times earnings.

TradingNation and wasn't there a crash in 1987?

TradingNation Enjoy the stock market euphoria while you can. October historically gets ugly for the stock market.

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Dow, S&P 500 cap off best August in 36 years as tech rally offsets broad weakness - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The FED just paid my retirement 3-4x over. Thanks FED! Free helicopter money to wealthy people. Keep in mind that only big corporate tech companies are winning and not the American people. With that kind of money they should invest more in people's personal security.
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