My theory
It's the perfect time to buy up shares of quality companies that are experiencing supply chain issues and are devalued.
Besides, consistency is key. I'll take a stock in a great company that will bounce back as global life returns to normal over a trash stock every day of the week!
My theory has served me well through feast and famine. I'm staying IN the market and increasing my shares. Of course I'm also looking at retailers known for saving customers money as that's where folks head when their wallet gets lighter.
Besides, consistency is key. I'll take a stock in a great company that will bounce back as global life returns to normal over a trash stock every day of the week!
My theory has served me well through feast and famine. I'm staying IN the market and increasing my shares. Of course I'm also looking at retailers known for saving customers money as that's where folks head when their wallet gets lighter.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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whqqq : I agree with you. Which high-quality stocks are you optimistic about?
Mama CassOP whqqq: Hi! Personally I really like Walmart as a low price leader during tough economic times. Also I'm looking for companies that make "store brands" since people will try to save all they can.
What are you looking at?
whqqq Mama CassOP: I like $Alibaba (BABA.US)$ $DBS Group Holdings (D05.SG)$
Chinese stocks and bank stocks are less affected by inflation.