I think this might actually be useful. Everything is on sale lol. But some sales are more obvious than others.I'm sure anyone with a little or a lot of cash has something at the top of their buy list. I completely '"get it", the market is currently in free fall. I don't really want to discuss the exact bottom predictions. No excessive negativity. If you think we are in for a five year bear market, please start another thread and I'll debate you there. I guess the the question if you had to make a fairly large purchase soon, what appears to be trading at huge and irrational discount? You are going to hold this stock for years, but you expect an above market rebound later this year. You don't have to go all in on it tomorrow. Don't list 27 stocks with no explanation please. I guess follow this format more of less. If you can, give us a sentence more than it's way cheaper than it was before the mark melted.
LMT- Down about the market average of 25%. Budget is locked and they have lucrative contracts. Practically zero economy risk. I think they are going down as part of every major index and industrial ETF. They were being upgraded last month.
CBRL- Down over 50%. Nice dividend. I get it people may hole up for awhile due to the flu. Is this major restaurant chain worth half suddenly because we are getting close? I have a full position and I am very tempted to add on every dip if I have to sell something else to do it. Or maybe now and forever America will re-learn to cook and stay home. This is a conviction pick for me. I bet there are other restaurants picks, or is just Cracker Barrel going out of business? It was last priced like this in 2014. Seems like an excessive correction to me. I do expect a bad quarter.
MET or PRU- Low interest rates are going to hurt them. MET has managed the 401K and retirement annuities for the zillion US GOV employees since forever. They manage other pensions too. I know less about Prudential. They both sell life insurance. Share price looks like they are going out of business. It looks irrational to me. MET is down almost 50%, PRU is closer to down 60%+ with a Div now approaching 8%. Div payout ratios need confirmed with update earnings guidance. The price targets last month were/are well over a double from here.
Feel free to disagree. SPY Strike 1500 puts is the incorrect answer, even if it isn't lol.
LMT- Down about the market average of 25%. Budget is locked and they have lucrative contracts. Practically zero economy risk. I think they are going down as part of every major index and industrial ETF. They were being upgraded last month.
CBRL- Down over 50%. Nice dividend. I get it people may hole up for awhile due to the flu. Is this major restaurant chain worth half suddenly because we are getting close? I have a full position and I am very tempted to add on every dip if I have to sell something else to do it. Or maybe now and forever America will re-learn to cook and stay home. This is a conviction pick for me. I bet there are other restaurants picks, or is just Cracker Barrel going out of business? It was last priced like this in 2014. Seems like an excessive correction to me. I do expect a bad quarter.
MET or PRU- Low interest rates are going to hurt them. MET has managed the 401K and retirement annuities for the zillion US GOV employees since forever. They manage other pensions too. I know less about Prudential. They both sell life insurance. Share price looks like they are going out of business. It looks irrational to me. MET is down almost 50%, PRU is closer to down 60%+ with a Div now approaching 8%. Div payout ratios need confirmed with update earnings guidance. The price targets last month were/are well over a double from here.
Feel free to disagree. SPY Strike 1500 puts is the incorrect answer, even if it isn't lol.