OK, Sell in May & Go Away for Cyclical Products🌂
Consumer cyclical stocks were caught in a maelstrom last week as first Walmart (WMT) and then Target (TGT) set investor fears to red alert with their margin pressures and comments over outlook. Both companies suffered massive share price falls with Target suffering a 1987-style plummet and Walmart not being far behind. Consumers are already adjusting to inflation and switching to lower-cost items.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- JCKL488·2022-05-25I like both counters2Report
- OpenSesame88·2022-05-25stay calm and dca1Report
- BellaFaraday·2022-05-26Inflation seems to be taking a big toll on retailers.LikeReport
- ElvisMarner·2022-05-26Target's fall was scary.LikeReport
- DonnaMay·2022-05-26What would Warren Buffett think of all this?LikeReport
- Briankk123·2022-05-26好的呗LikeReport
- zhaocaimeow·2022-05-25nice one !1Report
- CkChan·2022-05-25OK1Report
- Dalang·2022-05-25great1Report
- wahpiangle·2022-05-25good2Report
- romanc9·2022-05-25👌1Report
- junhan·2022-05-25amazing2Report
- 刻在我心底的名字_DK·2022-05-25🤔1Report
- kxkee·2022-05-25good2Report
- Discoverable·2022-05-25great news1Report
- rodney·2022-05-25ok2Report
- 人性的考验·2022-05-25Ok1Report