Editor's note: With the latest capital shift under the new administration, smart Americans should start making changes now to preserve and grow their wealth. That’s why I've just released my latest list of “toxic stocks” – and if you own any of them, they could cost you more than you might think. Start watching to get the full list.
SHAH GILANIDear Red Alert Reader,
Sometimes (like today), a rough week for stocks can be the proverbial blessing in disguise.
The Dow Jones and S&P 500 just couldn't get it in gear last week, though it looked like they might for a minute on Friday morning. Even the Nasdaq, which started last week in "unstoppable" mode, started to tire out after Tuesday.
But after early September's serial new highs, it's not unsettling or even all that surprising for markets to move a little lower. Investing is a marathon, not a sprint, and a little consolidating and profit-taking now and then is a healthy thing.
Besides, the selling has left us with three irresistible stock buys today - a tech company with (almost) unbelievable margins and a dominant market position, a fintech superstar that just closed a deal that could send its stock doubling again, and a beaten-down stock that analysts love to hate, but that I just plain love, especially at these prices.
It's not a total love-fest today, though; there's a popular apparel company to sell right away, and I do mean now. Its clothes are very popular with women, sure, but its stock is very popular with short-sellers.
There are four stocks to cover, so let's get started...
I'm not done - I've got some more stocks I think you should know about. I'd actually bet you haven't heard of these before, because they're practically "blacklisted." I know of one Wall Street firm that actually prohibits its brokers from offering these to clients. That's a howling shame because this class of stocks is producing some of the markets' biggest returns - top performers have seen exceptional peak gains of 4,958%... 6,486%... even 22,207%... all in less than a year. Incredibly, that's not front-page news, so let me fill you in on some details...
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