With markets steadily down many investors may feel like it’s time to go bargain shopping. I wanted to share some of my value picks and see what others are buying or watching:
Several companies that I consider the bedrock of my portfolio are currently at pretty attractive prices. The biggest name on this list is Target, as I feel the stock price has been irrationally punished for such an amazingly strong company which trades at a notable discount to its peers. I would also include CVS, BRK and JPM in this bucket although they are not trading anywhere near the discount TGT is with both CVS and BRK fairly close to ATH (still rock solid companies in a shaky environment which continually post very solid numbers). I also would include Enphase here because of their continuously outstanding financials and strong projections.
On the more speculative side of my portfolio I would put my small cap and growth ETFs such as qqqj and scha as well as clean energy like ICLN and TAN (enphase is the standout star, I find the rest more speculative).
And in the swing for the fences end of the spectrum I think both palantir and Sofi are currently oversold.
So what is everyone else buying or waiting to buy?
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