October has lived up to its reputation as being one of the most volatile for equity investors. In addition to being a month historically known for profit taking, there is a confluence of events that are challenging stock prices. The tariff conflict continues to hang over the market, leaving investors to wonder how it will affect U.S. businesses doing business in China, and what will happen to the U.S. economy if consumers have to adjust to higher prices on imports. The market is also digesting higher interest rates, the consequences to businesses as they digest an economy that is reaching full employment and shrinking margins.
The phrase “perfect storm” can often be overused, but in October 2018, it may be the most apt description. The good news for investors is that after every time the market goes through these correction periods, there are exceptional buying opportunities – and many times the highest gains go to the investors who prudently buy during the dips. Think of it like buying next year’s holiday decorations on December 26. When investors buy stocks that are on sale, they can get both value and growth.
The same is true right now. It may not be the time to dive into the market with both feet, but there are buying opportunities. In this presentation, we're giving you eight stocks that are selling at a discount, but still, show the fundamentals to be great buying opportunities as we approach the fourth quarter earnings season.
Click the "Continue to Slide #1" button to view the first company.
