Great Time To Invest In AMZN, DIS, NVO
Schwab Network
English - March 02, 2023 20:27 - 7 minutes - 68.9 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: China's Reopening Impacts Metals
"I know investors are negative now with inflation numbers, but that could change. Consumer confidence is at its lowest level since 1980. Could this be a great time to buy? Inflation is not going away buy the Federal Reserve still has it under control. We are in a Fed-induced recession. Earnings are still good, consumers are still spending, and companies are doing well. Amazon is still cheap as it is trading at 56 times forward earnings. My speculative play to watch is Novordisk (NVO)," says Andrew Arons.