Opening New Positions in the Following Stocks:
- McDonald's (MCD) – 15%
- UnitedHealth Group (UNH) – 15%
- Pfizer (PFE) – 13%
- Nike (NKE) – 15%
- PepsiCo (PEP) – 15%
- CVS Health (CVS) – 13%
- Johnson & Johnson (JNJ) – 14%
My Investment Thesis:
The current market is experiencing significant growth, primarily driven by a few tech stocks. However, I've noticed that the stocks listed above haven't been performing as well recently. Given this scenario, I believe one of two things could happen:
- The entire market could correct, with tech stocks facing a significant drop.
- The prices of tech stocks could stall, allowing these undervalued or underperforming stocks to outperform in the future.
Based on these possibilities, I am opening positions in these stocks, anticipating that they will either provide a hedge against a broader market correction or capitalize on the rotation of capital into more stable, non-tech sectors.
What are your thoughts on this strategy?
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