The market is having knee-jerk reactions to Trump's picks. That could spell buying opportunities

Now is the time to take a breath and identify bargains, as investors weigh the risks tied to a host of President-elect Donald Trump's picks for top jobs across his Cabinet and administration. Vaccine makers and processed food companies suffered after Robert F. Kennedy Jr., a prominent vaccine skeptic, was tapped to lead the Department of Health and Human Services. Solar stocks tumbled, as did China stocks.

" Similarly, Luke O'Neill, portfolio manager at Catalyst Dynamic Alpha Fund, said the "major knee-jerk reaction" following each Cabinet or White House staff pick will eventually wear off, at which point, "it still comes back to what companies are doing, companies are seeing positive change in their businesses." Here are some stocks that have pulled back since the election.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Music Merch Is Big Business, But It Won’t Deliver Big GrowthA new report by MIDiA Research forecasts that merch sales will grow at a compound annual growth rate of just 2.8% through the end of the decade.
Source: billboard - 🏆 112. / 63 Read more »