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'Major mispricings' in market are creating huge opportunities, Wells Fargo's Chris Harvey says

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Major mispricings’ in market are creating huge opportunities, Wells Fargo’s Chris Harvey says. (via TradingNation)

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."

 

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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

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