The stock market has experienced a series of bear market rallies this year. And while such short-lived bounces can be hard to distinguish from a true market bottom, one investment pro believes a turnaround is on the horizon.
" He said there are opportunities in healthcare, consumer staples, utilities and energy — sectors often viewed as safe havens in periods of volatility. He is also beginning to look for opportunities in tech, given further declines in the sector recently. Demmert top stock picks include: Procter & Gamble . The company has been successful in retaining its profit margins due to its ability to pass on higher costs to consumers, said Demmert.
That is if the stick changes hand..
By not far away, does he mean years or decade?
Everybody has a recipe for “success” nowadays!
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Source: Cointelegraph - 🏆 562. / 51 Read more »