Boiler Room: The Official Stock Market Discussion
Undervalued REIT stock. Seems to have a good outlook.I’m in at 3 but I’ll be honest I don’t know anything about it
what’s so good about it
Chrishaune
Veteran
More companies than people think found green. Hundreds probably.....Just have to search.
On one page of the screener I see CVU, CUTR, CVV, CULP......
Marketwatch.com
Intraday Screener
Tug life
I stay fly like a guillemot
Even though I'm long term bullish I just want to go on record saying I respectfully disagree that the bear market is over and this is a V shaped recovery. The next 2 earnings seasons,bankruptcies and what's happening in the housing market right now will slap people back to reality in the next couple months.
The FED is what's propping up the market right now, we were trading too expensive near all time highs and the market is still trading too high giving the circumstances we're in. All time high unemployment, and when this is all over people aren't just all going to go back to work at once, most won't have a job to go back to. Consumer spending is 2/3 of the American economy and that all stopped almost completely for what looks to be 2 months or more. Business will be changed forever, we haven't even begun to see the impact. I'm hoping for the best while preparing for the worst.
The FED is what's propping up the market right now, we were trading too expensive near all time highs and the market is still trading too high giving the circumstances we're in. All time high unemployment, and when this is all over people aren't just all going to go back to work at once, most won't have a job to go back to. Consumer spending is 2/3 of the American economy and that all stopped almost completely for what looks to be 2 months or more. Business will be changed forever, we haven't even begun to see the impact. I'm hoping for the best while preparing for the worst.
a voice of reason.
Saysumthinfunnymike
VOTE!!!
I think the coming months will be tough on some industries for sure but it looks like the Fed is also going to keep throwing money at the problem.
Tug life
I stay fly like a guillemot
I definitely agree with you. Back in 2008 it was "Too big to fail" now in 2020 this FED is saying "Nobody will fail" so it's tricky to me because even though I think businesses will get hit hard, ultimately the FED and Trump won't let the economy or the stock market implode on their watch.
Tug life
I stay fly like a guillemot
They say the best place to be is in equities in an inflationary period because the price also rises and businesses charge more for their goods. Having cash just sitting around and not in any type of investment vehicle right now will make it lose a good amount of value.
