In this article, we talk about the 12 bear market stocks you should buy now. If you need to skip our detailed investigation of those stocks, move straight to the five bear market stocks to buy now.
On July 28, the U. S. Centers for Disease Control and Prevention (CDC) will be a member of the United States. U. S. They asked Americans who had been vaccinated and opposed the coronavirus to re-dress in a mask in indoor public spaces. variant of COVID-19 in some parts of the country and reverses an earlier position of the fitness firm that vaccinated other people who did not want to wear masks indoors. close deals.
In recent weeks, fears of a virus lockdown coupled with inflation considerations have hit the stock market, deterraging hopes of a recovery from the 2020 lockdowns. On July 19, the Dow Jones Industrial Average fell 725 points, a percentage drop of more than 2%, and the weekly relative strength indicator of the S
Some of the bear market inventories from the palm of the hand to the bear market of the palm of the hand lately come with Apple Inc. (NASDAQ: AAPL), Berkshire Hathaway Inc. (NYSE: BRK-A) and Union Pacific Corporation (NYSE: UNP), among others. under. Airlines, cruise lines and power corporations are bearing the brunt of this activity. Along with the Chinese government’s crackdown on dual-listing corporations, some of which are doing big business in the U. S. U. S. , There is no doubt that parts of the inventory market are officially in the bear marketplaceplaceplace after a record uptrend in recent years.
The entire hedge fund industry is feeling the effect of the currency landscape’s conversion, and its reputation has been tarnished over the past decade, during which its hedge yields have failed to keep up with exposed market index returns. On the other hand, Insider Monkey’s studios knew in advance a determined organization of the coverage budget that surpassed S’s ETFs.
Image via peshkov – Adobe Stock
In this context, here is our list of the 12 most sensible bear market stocks to buy now. These were ranked based on hedge fund confidence, analyst ratings, and basic fundamentals of trading.
Number of hedge fund holders: 24
AutoNation, Inc. (NYSE: AN) is a Florida-based company that retails automobiles. It ranks 12th on our list of 12 bear market stocks that can be bought now. The company’s shares have gained investors 136% in the last twelve months. On July 27, the company announced a delivery of $850 million in senior notes. In the second quarter results, released on July 19, the company exceeded market expectations in terms of earnings and earnings consistent with the share.
On July 20, investment recommendation firm Truist raised autoNation, Inc. ‘s (NYSE: AN) percentage value target to $ 110 instead of $ 100, but maintained a hold score on equities, highlighting speed. of the company’s earnings and highlighting the favorable supply and demand dynamics for 2022.
Among the coverage budget recorded through Insider Monkey, Ricky Sandler’s Eminence Capital is the largest shareholder of AutoNation, Inc. (NYSE: AN) with 1. 5 million shares for over $139. 7 million.
Number of hedge fund holders: 50
The shares of Lockheed Martin Corporation (NYSE: LMT) have yielded 5. 4% for investors over the past six months. It ranks 11th on our list of 12 bear market stocks that can be bought now. In second-quarter results, released on July 26, the company reported consistent earnings of a consistent percentage of $7. 13, which resulted in market expectations of $0. 61. year and surpassing estimates of $ 100 million.
On May 12, the Wells Fargo investment recommendation introduced hedged on the shares of Lockheed Martin Corporation (NYSE: LMT) with an equivalent weighting score and a target value of $384. Matthew Akers, the company’s analyst, posted the updated scores.
Among the hedging budget recorded through Insider Monkey, New York-based Arrowstreet Capital is one of the largest shareholders of Lockheed Martin Corporation (NYSE: LMT) with 1. 5 million shares for more than $590 million.
In its letter to investors for the fourth quarter of 2020, RiverPark Advisors, LLC, an asset control firm, highlighted a few stocks and Lockheed Martin Corporation (NYSE: LMT) one of them.
“Despite better-than-expected effects in the third quarter, LMT consistent percentages were weak for the quarter as the defense finish is expected to remain solid over the next year. With a record order book of $150 billion and just about 30% of its profits. of the F-35 aircraft structure with deliveries expected to succeed at $180 consistent with the year in 4-5 years (the third-quarter profit buildup came here from the F-35), LMT is expected to grow at a steady pace relative to the overall rate of defense budget expansion and Street’s expectations over the course of the next few years. $6 billion consistent with the year in loose money flow deserves to lead to an even increase with yields for holders of consistent percentages.
Number of hedge fund holders: 56 Costco Wholesale Corporation (NASDAQ: COST) is a company that owns and operates member-only retail outlets around the world. It is founded in Washington. Inventory has returned more than 32% to investors in the last twelve months. The company has a market capitalization of more than $ 189 billion and posted more than $ 166 billion in profit last year. In addition to being one of the largest retail outlets in the world, the company also offers a giant retail outlet for meat products such as roast beef and chicken. On July 23, investment advisor Stifel maintained a purchase score on Costco Wholesale Corporation (NASDAQ: COST) inventories and raised the target value to $ 440 from $ 420, noting that he expected the store to raise fees from the store. club by at least 8% over the next twelve years. month. At the end of the first quarter of 2021, the 56 coverage budget in the Insider Monkey database had $ 4 billion worth of shares in Costco Wholesale Corporation (NASDAQ: COST), up from 61 in the last quarter of a value of $ 3. 6 billion. In its letter to investors for the first quarter of 2021, Ensemble Capital, an asset control company, highlighted some inventories and Costco Wholesale Corporation (NASDAQ: COST) one of them. This is what the background says:
“We have noticed this dynamic in the paintings in the Fund. Some of the worst performing stocks this quarter were among our most productive stocks in the first quarter of 2020. Another example was the market reaction to Costco Wholesale (1. 5% weight in the Fund) during the quarter. From December 31, 2020 to March 8, Costco’s stock fell 17% and fell below its pre-pandemic level. The not unusual reasoning presented through the vendor-side analysts was that Costco would face challenging ‘compartments’ year after year (i. e. , same-store sales, comparing sales from retail outlets that have been open for at less one year). . Because so many consumers have flocked to Costco ahead of the shelter-in-place and upcoming quarantines, it will be more difficult for Costco to particularly overcome those effects compared to last year. That is possibly true, however, we have a hard time understanding how Costco may also be “less valuable” than the previous year when it grew its club base by more than 7%, or 3. 9 million members. With club renewal rates around 90%, the vast majority of the new consumers Costco brought in last year will be there for years to come.
Analysts also complained that Costco has raised its minimum wage, which is already the most productive in the industry, to $16/hour, with an average “effective” wage of $23 to $24/hour when it comes with overtime and bonuses. workers has been a non-unusual complaint from Wall Street analysts for at least two decades. While the extra salary has an effect on short-term profit margins, it also serves to make Costco more sustainable, as its steering wheel (i. e. , a virtuous cost cycle) starts with satisfied workers. A 20-year chart of Costco’s percentage value is evidence that this strategy is running and we are confident that it will continue to work.
Number of hedge fund holders: 61
The Coca-Cola Company (NYSE: KO) is a beverage company founded in Georgia. It ranks ninth on our list of the 12 most productive bear market stocks to buy now. The company’s consistent percentages have beaten investors 18% in the past year. The company reported second-quarter earnings on July 21, reporting consistent earnings of a consistent percentage of $0. 68, resulting in market estimates of $0. 12. of $800 million.
On July 26, investment advisor Truist reiterated a buy note on The Coca-Cola Company’s (NYSE: KO) inventory and raised the target value to $65 instead of $60, increasing the strength presented through the company as the Delta variant of COVID-19 threatened more lockdowns.
Among the coverage budget recorded through Insider Monkey, Nebraska-based Berkshire Hathaway is one of The Coca-Cola Company’s (NYSE: KO) largest shareholders with 400 million shares for more than $21 billion.
Number of hedge fund holders: 63
Unto
On July 26, investment advisory firm Deutsche Bank maintained a score in AT shares
At the end of the first quarter of 2021, the 63rd coverage budget in insider Monkey’s database had $3. 7 billion stakes in AT
As Apple Inc. (NASDAQ: AAPL), Berkshire Hathaway Inc. (NYSE: BRK-A) and Union Pacific Corporation (NYSE: UNP), AT
In its letter to investors in the first quarter of 2021, Nelson Capital Management, an asset control firm, highlighted some stocks and AT
“Nelson Capital remained busy in the first quarter, making several changes within our core portfolio. In the communications sector, we sold AT
Number of hedge fund holders: 70
The Procter
On June 23, UBS’s investment advisor presented The Procter’s inventory coverage
Among the hedge budget posted through Insider Monkey, London-based investment company Cedar Rock Capital is one of The Procter’s shareholders.
Together with Apple Inc. (NASDAQ: AAPL), Berkshire Hathaway Inc. (NYSE: BRK-A) and Union Pacific Corporation (NYSE: UNP), The Procter
In addition to Apple Inc. (NASDAQ: AAPL), Berkshire Hathaway Inc. (NYSE: BRK-A) and Union Pacific Corporation (NYSE: UNP), The Goldman Sachs Group, Inc. (NYSE: GS) is one of the bearish stocks in the market to buy now.
Number of hedge fund holders: 81
Bristol-Myers Squibb Company (NYSE: BMY) ranks sixth on our list of the 12 most sensitive bear market stocks to buy now. Corporate equities have yielded returns for investors in excess of 13% over the more than twelve months. it sells biopharmaceuticals and is headquartered in New York. On May 25, the corporation announced that it had partnered with Xencor to supply the latter technology not exclusive to Xtend Fc.
On July 27, investment advisor Mizuho maintained a buy score on Bristol-Myers Squibb Company (NYSE: BMY) stock with a target value of $86, and pointed to the prospectus presented through a new deal the company had signed with BridgeBio.
At the end of the first quarter of 2021, the 81 coverage budget in Insider Monkey’s database had $5 billion stakes in Bristol-Myers Squibb Company (NYSE: BMY), up from $131 billion in the last quarter of $6 billion.
Apple Inc. (NASDAQ: AAPL), Berkshire Hathaway Inc. (NYSE: BRK-A) and Union Pacific Corporation (NYSE: UNP) are among the bear market stocks to buy now, as are Bristol-Myers Squibb Company (NYSE: BMY).
In its fourth-quarter 2020 letter to investors, Wedgewood Partners, an asset control firm, highlighted some stocks and Bristol-Myers Squibb Company (NYSE: BMY) one of them.
“Bristol-Myers Squibb recently reported an acceleration in sales as much of the medical industry returned to work. The company continues to expect a double-digit profit expansion in the coming years, driven by existing drugs, in addition to a broad portfolio of While the market remains obsessed with some patent expirations that may happen in the coming years, we believe this is well known right now, however, the market still undervalues some key acquisitions the company has made in recent years. , especially Celgene, who was acquired for a song.
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