In this week’s video, Paul Goodwin, chief analyst of Cabot Global Stocks Explorer (formerly Cabot Emerging Markets Investor), admires the market’s V-shaped recovery, but says that he doesn’t really trust it. It’s possible that the indexes will just race back toward new highs, but it would be unusual. It’s more likely that there will be some sideways movement or a retest of the correction lows. Still, Paul says he’s taking the market’s recovery seriously, and names a few stocks with unusually strong charts (and a record of resisting the recent pullback) for your buying consideration.
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Timothy Lutts heads one of America’s most respected independent investment advisory services. Each week, Tim personally picks the single best stock in his exclusive Cabot Stock of the Week advisory. Build your wealth and reduce your risk with the top stock each week for current market conditionsLearn More