With all the uncertainty in the market, I find that everyone has the same question: When will it be time to start picking stocks?
My simple answer– It depends on what time frame you’re looking at. Then ask yourself: are you a trader or an investor?
As far as investing goes, I’m looking at Capri, MGM, Darden, and Coty. Even though Coty took a dive due to COVID-19, their new partnership with Kylie Jenner makes me think a come back is likely in their future.
For traders, one stock I’m snatching up is NVDA because I believe it’ll have one of the best ‘after the virus’ rallies and we’re already seeing that now. It’s a relative strength stock, and that coupled with the fact that they’re heading into earnings, makes me think it’s a good buy.
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