Exclusive: 20 market pros share top stock picks!
Ticker Take - a weekly newsletter on investing
A recap of the week
Wall Street avoided an uncomfortable headline before closing up shop for the weekend. A late-day rally on Friday allowed for a modest gain on the week overall.
The alternatively would have been a fifth week of losses — which would have been the longest stretch of weekly declines since 2022.
At this point, you’ve heard all about the uncertainty. And increasingly, companies are sharing worrisome outlooks, such as Nike and FedEx.
But investors are definitely looking for some opportunities to step in.
Tech stocks were part of that late-day rally, including Tesla, which according to data from JP Morgan has seen two straight weeks of stock buying by retail investors, despite the institutional selling.
More broadly speaking, investors seem to be holding out hope that a full-fledged trade war will not come to be. Bank of America strategist Michael Hartnett saying in a note to clients that “global investors are not anywhere close to short US or global equities.”
Exclusive: 20 market pros share their top stock picks
Many of you have been asking for a list of stocks to consider in uncertain markets. So we asked 20 smart investors for their top picks, in light of the market turmoil.
Hear from market experts Laura Lau, Teal Linde, Kim Bolton, Sam Stovall, Andrew Pink, Tyler Ellegard, John Zechner, Ross Healy, Bob Iaccino, James Demmert, David Nelson, Greg Newman, Colin Stewart, Brian Madden, Dan Rohinton, Neela White, Brianne Gardner, Jamie Murray, Adam Johnson and Liz Miller
They shared more than 25 picks for your consideration. You can watch that full video here:
Canadians buying homegrown ETFs
You’ve probably heard about the “Buy Canadian” theme these days…well, Canadian investors have also been increasing their homegrown stock market exposure.
According to data from Bloomberg analysts, money flows into domestic equity ETF’s in the past month have been rising, while there have largely been outflows from the U.S. That’s a notable reversal from last year, when investors from Canada were fairly big buyers of ETF’s tied to the American markets. Beyond stocks, the Bloomberg numbers suggest Canadians are showing a healthy appetite for bond ETFs.
Will European stocks continue to climb?
There’s been a pretty healthy appetite for European stocks this year. And some experts expect that interest to stay strong.
Barclays strategists said in a research report they believe the STOXX Europe 600 index — which tracks equities across the Eurozone — could climb to a level of 580 by the end of the year. That would suggest more upside.
Overall, European stocks have been outperforming North America this year (according to market data)…because geopolitical tensions have prompter leaders there to boost military spending. That has helped stocks in the defense sector. Meanwhile, Barclays’ points to the broader fiscal expansion in Germany — to offset economic worries — as a continuing catalyst for equites in Europe.
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