Markets rebounded this past month, albeit with plenty of volatility. But the net result was a 1,500+ gain in the Dow Jones Industrial Markets.
Unemployment, of course, is still pressuring the economy, with some 29.5 million Americans without jobs. However, the housing market perked up, with starts and building permits rising. Retail sales—reflecting the reopening of the economy—were also up.
It’s worrying that coronavirus is rising in about 20 states, but, hopefully, if people begin once again following social distancing, the new cases won’t push us off the economic reopening strategy.
Advisors and consumers are back on the bullish track, as you’ll see in our Barometer, as well as Market Views.
Despite the market’s rise, there are still plenty of undervalued stocks in the marketplace. And we begin this issue with our Spotlight Stock, a technology company that is gaining market share in the highly competitive field of cybersecurity—in this case, specializing in ID authentication for employees and customers. My feature article explores the industry in more depth, as well as additional reasons for adding our Spotlight Stock to your portfolio.
Wall Street’s Best Investments 830
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Markets rebounded this past month, albeit with plenty of volatility. But the net result was a 1,500+ gain in the Dow Jones Industrial Markets.
Unemployment, of course, is still pressuring the economy, with some 29.5 million Americans without jobs. However, the housing market perked up, with starts and building permits rising. Retail sales—reflecting the reopening of the economy—were also up.
It’s worrying that coronavirus is rising in about 20 states, but, hopefully, if people begin once again following social distancing, the new cases won’t push us off the economic reopening strategy.
Advisors and consumers are back on the bullish track, as you’ll see in our Barometer, as well as Market Views.
Despite the market’s rise, there are still plenty of undervalued stocks in the marketplace. And we begin this issue with our Spotlight Stock, a technology company that is gaining market share in the highly competitive field of cybersecurity—in this case, specializing in ID authentication for employees and customers. My feature article explores the industry in more depth, as well as additional reasons for adding our Spotlight Stock to your portfolio.
Moving on to our Growth Stocks, here, you’ll find ideas from the grocery, gaming, marijuana, and online education sectors. In Growth & Income, our contributors offer recommendations from the steel, food production/distribution, consulting, industrial instruments, defense, and airline industries.
Our financial picks include a bank and an investment management company. And in Healthcare, you’ll find companies in the pharmaceutical and equipment sectors. Our Technology stocks include businesses in the optoelectronic, cybersecurity, internet, and semiconductor industries.
We also include Low-Priced Stocks from the podcast/website and environmental solutions sectors. If you are looking for Income, please review our High-Yield ideas, hailing from the telecom, tobacco, and media industries. And there are more income picks in our REITs, Preferred Stocks & Income section, from the hospitality, land, office/industrial, banking, and water sectors.
Lastly, in Funds & ETFs, you’ll find recommendations in the capital appreciation, microcap, and gold industries.
I hope you enjoy the diversified ideas in this month’s issue. Please stay safe and healthy, and please don’t hesitate to email me with your feedback and questions. My address is nancy@cabotwealth.com.
To read the rest of this month’s issue, download the PDF.
The next Wall Street’s Best Investments issue will be published on July 16, 2020.
Cabot Wealth Network
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President & Publisher: Ed Coburn
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