Five Reasons to Consider Buying Today
Why now is a “great” time to buy stocks … five reasons for optimism from Louis Navellier … some PE ratios that are “just plain ridiculous” … Louis and Whitney Tilson’s market forecast Now is a great time to buy stocks. So says legendary investor Louis Navellier. Now, I’ll be the first to say that it doesn’t feel like a great time to buy stocks. The market just posted its worst first-half performance in more than 50 years. Meanwhile, estimates suggest we might already be in a recession. So, why now? From Louis: I understand if you think I’m crazy saying that now is actually a great time to buy stocks. Look, I’m not a stick-my-head-in-the-sand kind of guy. I know full well what’s going on in the market, and I own stocks that have gotten hit hard. And I know that just because a stock is up today doesn’t mean it won’t be down again tomorrow. But more importantly, I also know that superior companies with strong fundamentals are selling at deep discounts. The fact of the matter is investors tend to “knee-jerk” react during times of panic.
Five Reasons to Consider Buying Today
Why now is a “great” time to buy stocks … five reasons for optimism from Louis Navellier … some PE ratios that are “just plain ridiculous” … Louis and Whitney Tilson’s market forecast Now is a great time to buy stocks. So says legendary investor Louis Navellier. Now, I’ll be the first to say that it doesn’t feel like a great time to buy stocks. The market just posted its worst first-half performance in more than 50 years. Meanwhile, estimates suggest we might already be in a recession. So, why now? From Louis: I understand if you think I’m crazy saying that now is actually a great time to buy stocks. Look, I’m not a stick-my-head-in-the-sand kind of guy. I know full well what’s going on in the market, and I own stocks that have gotten hit hard. And I know that just because a stock is up today doesn’t mean it won’t be down again tomorrow. But more importantly, I also know that superior companies with strong fundamentals are selling at deep discounts. The fact of the matter is investors tend to “knee-jerk” react during times of panic.