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The market turmoil is not stopping Wall Street analysts from finding buying opportunities for clients. While stocks have plunged to their lowest levels since 2009, analysts said now is the time for investors to bolster their portfolios with stocks getting unfairly punished because of the coronavirus fears.
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Stocks Open Lower, Face Biggest Weekly Losses Since 2008A market storm gathered pace as stock markets around the world sold off and investors struggled to calculate the economic fallout from the coronavirus epidemic. We offer Loans, Cash & Asset Backed Financial Instruments such as Bank Guarantee and Standby Letter of Credit (BG/SBLC) for lease and sale, and loan facilities. We offer verifiable bank instruments via SWIFT from genuine providers capable of taking up time bound transactions. WSJ more great news. Thanks for the panic alert!
Source: WSJ - 🏆 98. / 63 Read more »
Wall Street snaps up drug companies offering hopes of coronavirus drug - Business InsiderInvestors have, predictably, begun placing bets on which company can produce a cure for the COVID-19 coronavirus at the root of the sell-off.
Source: BusinessInsider - 🏆 729. / 51 Read more »
These 'stay at home' stocks like Peloton and Netflix could provide a refuge from coronavirus plunge, says MKMNetflix, Facebook, Amazon, Peloton, Slack and Zoom are among a handful of companies that MKM Partners identified could rise despite the broader market sell-off. Yeah people forced to stay home from work if this becomes an office-closing pandemic are definitely going to start spending money on Peloton subscriptions 👶🏼🧠 Zoom yes, and some others. Peloton = not. People aren't going to go blow $3000 on a bike and then $30+ a month just to stay home and cycle. If they have a bike, they already likely subscribe anyway. Duh! And $ROKU
Source: CNBC - 🏆 12. / 72 Read more »