Nov 09th, 2020Take a Break from Tech with this Under-the-Radar Industrial Powerhouse
Industrial stocks are not on the radar of most stock traders. They are not as “sexy” as the big tech bellwethers -- stocks like Apple, Inc., Nvidia, Facebook, and Netflix -- for they tend to not move as far or as fast. They can, however, outperform tech during periods of market volatility. Such is the case now. In the wake of all the election uncertainty that plagued the market last month, industrial stocks outperformed tech stocks by 600%. They also posted the strongest quarter (+6.4%) of any sector except consumer cyclicals.
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Sep 02nd, 20202 Value Plays from a Rebounding Sector
The ongoing pandemic has impacted the U.S. economy in interesting ways. Technology firms are getting a boost as more people work and shop from home. Health insurance companies are making eye-popping profits as consumers continue to avoid costly elective surgeries and hospital visits. Leisure and hospitality stocks? Wait until next year.
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