3 Stocks to Buy and Hold for Long-Term Profit Potential
Even the pros on Wall Street are having a tough time navigating this current market. So investors should not feel bad about having trouble finding easy investment ideas. Finding stocks to buy and hold is trickier than usual. Today, I will suggest three that will work for the rest of the year and into next. The overall consensus is bearish. Yet, for the most part, company profit and loss statements have not deteriorated. The anticipation of tougher times is causing investors to hold back. The confusion is stemming from unusual price actions. I contend that what’s happening is normal, but inside of an abnormal environment. For example, yesterday, the U.S. Federal Reserve (Fed) delivered bad news. However, equities rallied in relief. This morning, markets fell 2.5% on the back of a surprise Swiss rate hike. Ridiculous of course, but it’s headlines like these that add to the confusion. In reality, when the indices lost the Feb. 24 support, they triggered bearish patterns. Those are playing out perfectly and are nearing their targets.
3 Stocks to Buy and Hold for Long-Term Profit Potential
Even the pros on Wall Street are having a tough time navigating this current market. So investors should not feel bad about having trouble finding easy investment ideas. Finding stocks to buy and hold is trickier than usual. Today, I will suggest three that will work for the rest of the year and into next. The overall consensus is bearish. Yet, for the most part, company profit and loss statements have not deteriorated. The anticipation of tougher times is causing investors to hold back. The confusion is stemming from unusual price actions. I contend that what’s happening is normal, but inside of an abnormal environment. For example, yesterday, the U.S. Federal Reserve (Fed) delivered bad news. However, equities rallied in relief. This morning, markets fell 2.5% on the back of a surprise Swiss rate hike. Ridiculous of course, but it’s headlines like these that add to the confusion. In reality, when the indices lost the Feb. 24 support, they triggered bearish patterns. Those are playing out perfectly and are nearing their targets.