Actionable news
All posts from Actionable news
Actionable news in CHK: CHESAPEAKE ENERGY Corp,

Bottom Fishing For Value: Wal-Mart And Ford On The List

Helped by a year-to-date positive return in the S&P 500, the bottom fishing for value strategy continued recouping from paper losses from last month. Sticking with big, large-cap names like Wal-Mart (WMT) and Ford (F) proved a good move. Wal-mart’s defensive characteristics, slow build-out for online shopping, and low valuation helped push the stock price up. Despite Tesla’s (TSLA) strong momentum in the markets shifting investment money away from traditional automotive stocks, Ford (F) still rose steadily. The overall trend for Ford’s stock is negative. Its P/E keeps shrinking, where at seven times, will attract...