How To Prepare For A Recession

If the past couple of months have taught us anything, it’s that economic downturns can happen at any time. There aren’t always warning signs of a bear market – a black swan event like COVID-19 can quickly derail a booming economy. An unexpected event like what we’ve experienced in 2020 can spell disaster for an…

Auto Stock Sitting at a 33% Discount

The coronavirus pandemic appears to be nearing its end, and businesses are gearing up for a massive rally back to economic prosperity. The month of May is seeing a market resurgence, with the S&P 500 index up 3.5% as of Monday. Industries that have been stagnating for the past several months are seeing their stocks…

Were These Stocks Coronavirus-Resistant?

The impact of the coronavirus has been mixed for some of the most heavily-traded stocks on Wall Street. Since the middle of February, American Airlines Group Inc. (AAL) is down more than 60%, Starbucks Corporation (SBUX) has fallen more than 18%, and Yum! Brands, Inc. (YUM) has tumbled more than 20%. However, a handful of…

Top Stocks for May 2020

Given the headlines that circulated in April, it’s hard to believe that the Nasdaq finished up more than 12% with the Dow Jones Industrial Average following closely with an 11% gain. However, mixed earnings results for the most heavily-weighted companies in these indices may halt upward traction. Heavy hitters, 3M Co. (MMM), Caterpillar Inc. (CAT),…

Strongest Stocks for April 2020

March was quite a month for traders. The Dow Jones Industrial Average fell more than 30% from the high made on the month’s first trading day to the low made on March 23, 2020, at 18,213.65. The S&P 500 also saw about a 30% drop, but the tech-heavy Nasdaq Composite only fell a little more…