What stocks should you stick with when markets get choppy?
Investors are advised to focus on stocks with sustainable growth and competitive advantages during market fluctuations. Notable companies like Microsoft and Visa are highlighted as resilient choices. The concept of 'HALO stocks' emphasizes the value of businesses with heavy assets that are less likely to be disrupted by technology.
- ▪Tech companies, particularly those involved in AI, have shown strong performance in recent months.
- ▪Investors should look for companies with growing revenues and a culture of innovation to withstand market volatility.
- ▪The term 'HALO stocks' refers to companies with heavy assets that are less susceptible to obsolescence.
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Open this photo in gallery:Nuthawut Somsuk/iStockPhoto / Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountHappy Tuesday, Trade Off friends.Jon Erlichman here with another edition of Trade Secrets, our weekly newsletter for The Globe and Mail’s stock picking contest, Trade Off.Was this newsletter forwarded to you? Be sure to sign up to receive the Trade Secrets newsletter in your inbox.The leaderboardA quick peek at the leaderboard tells a pretty clear story about what’s been working since gameplay began in late March. Tech strength, and more specifically the strength of the chip companies at the centre of the AI boom, has helped the top performers stand out.
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