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Good Tuesday Friend,
The theme this week is the NASDAQ...
1) The NASDAQ from last week until today has already almost recovered all of it's losses since the coronavirus hit the world in March leading the biggest crash in the last 10 years. This was all led by the big tech companies that have been proving to the world that they are the most resilient stocks in the global economy.
2) If you had put your money into big tech like Microsoft, Apple, Amazon, Netflix, Google etc... these are all flying back to pre-coronavirus levels and looking very strong...
3) Once again, we repeat our positive view for technology and the healthcare sector, so you can either be a pessimist and wait for the next test to the lows again... which nobody has any idea when that will be... or start trusting in the fundamentals of individual businesses that have a strong balance sheet, solid business models and growth potential.
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What does this mean for us?
The sectors to continue keeping our eyes on are still, big tech... work from home... ecommerce like online shopping... cloud services..and essential products...
This week's stock pick is "Dollar General (NYSE: DG)".
Dollar General Corporation is an American chain of variety stores
headquartered in Goodlettsville, Tennessee. As of July 2018, Dollar
General operates 15,000 stores in the continental United States.
We are bullish on DG as Americans continue to experience historical unemployment numbers, breaking over 20 million now. So when people lose their jobs, they cannot afford to spend too much on their daily essentials... and need to save a buck here and there ... and Dollar General does exactly that, help people save on their daily essentials.
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And stay tuned to my weekly newsletter as I keep you updated on the latest
developments and opportunities for us to profit hugely from this global
crisis...
Also, I have started a new
TELEGRAM channel where you can receive instant updates on your phone via
the TELEGRAM APP, go sign up for it here if you have not done so
already,
(Make sure you download the APP to your phone and join my channel "DennisBayWay" on Telegram)
If
you will like to get exclusive access to my personal stock picks and
financial market trade opportunities, or know someone who might be
interested in these updates, feel free to share my "Global Investors Weekly" newsletter to them with this link,
Contact me to find out how you can get started... this window of opportunity is not going to last forever!
To Your Wealth, Freedom & Success!
Your Friend
Dennis Bay |
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