Asset manager names 9 'cheap' stocks to buy as recession fears grow

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Steven Glass, managing director of Pella Funds Management, urged investors to be 'hyper-vigilant' about valuations right now.

A recession is looming, inflation looks likely to continue and it's "critical" for investors to be looking at valuations right now, says Steven Glass, managing director of Pella Funds Management. "There's so many signals of a recession. I mean, this inversion is huge.

'Cheap' stocks to buy In this environment, Glass selected nine stocks that he said, "look particularly cheap given their growth outlook." These include Alphabet , BMW , U.S. healthcare firm Cigna , U.K. sports fashion retailer JD Sports Fashion , Hong Kong-listed Ping An Insurance , and French construction firm Vinci . Discount retailers are also key beneficiaries of the potential recession and ongoing inflation, which will see consumers continue to trade down, Glass said.

 

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More garbage from the lefties at Constant Negative Business Channel about needing more IMMIGRANTS for HEALTHCARE workers… your party killed 66 million babies since 1973 THERES your workforce for healthcare (and anything else that we’re short on right now)

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