Amid the current market turmoil, what are investors to do? The author of today’s article notes that most market analysts are talking at an abstract level and “hardly any are talking at ground level—that is, talking about individual stocks and practical actions to be taken” – so he gets down to ground level and highlights two specific stocks currently trading at discounts to consider. For more, CLICK HERE.
Well-known Wall Street analyst Tom Lee is advising investors to forget about FANG stocks (Facebook, Amazon, Netflix and Google) and instead buy CRAP stocks (Computers, Resources, American banks and Phone carriers). And given that Lee was one of the few market analysts to accurately call last year’s bull market, the author of today’s article sees his “Buy CRAP” thesis as being worthy of examination. So, how has the CRAP thesis played out so far this year and, accordingly, does the author believe that investors should in fact “loosen their FANGs and embrace the CRAP”? CLICK HERE to find out.