With September all but over, we’re facing a month that can be psychologically tough for investors, given some of the biggest market crashes in history have occurred in October. That month may already be front loaded with some extra stress, thanks to political headlines swirling around President Trump and the White House, along with trade and economic worries.
“My view is that you always want to be investing in stocks that are selling for less than their worth,” Janjigian told MarketWatch in an interview. He also likes oil and gas exploration group Murphy Oil MUR, -0.77%, also for its strong cash flow and a “generous dividend.” The group’s fortunes are tied to the price of oil, so it rides those prices up and down. Janjigian doesn’t think Saudi Arabia will get its oil facilities back online as fast as they say they will, following attacks earlier this month. If that pans out, it’s bullish for oil, and Murphy.
European stocks SXXP, +0.50% are rising, while Asian markets ADOW, -0.69% had a mixed day, with losses in China SHCOMP, +0.11%. Recent polls put her neck and neck with former Vice President Joe Biden as a possible Democratic candidate for the 2020 presidential race. Warren, unlike Biden, backs Sen. Bernie Sanders’ health care plan that would eliminate the role played by private insurers.
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