We're buying more of 2 stocks, deploying some of our cash pile in an oversold market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

We're putting a little more of our big cash position to work Monday into the oversold market.

Following Friday's muted session, the S & P Short Range Oscillator came in at minus 4.72%. As a reminder, anything more negative than minus 4% indicates a market that is oversold. Whenever this technical indicator reaches this level, our discipline is to gradually buy stocks of high-quality companies.

mountain GE Healthcare YTD performance We're picking up more shares of GE Healthcare as we are steadfast in our view that the recent decline in the stock price does not properly reflect the company's improving fundamentals. The company reported a strong quarter in late July, beating expectations on both the top and bottom lines with momentum in new orders that were much better than peers.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
مصدر: NBCLA - 🏆 319. / 59 اقرأ أكثر »