2024-07-25 14:14:13 ET
Summary
- The market has been running hot in 2024, with S&P 500 up 13.9% year-to-date.
- Market experienced its first 2% or more pullback in 356 trading days, yesterday.
- Investors should be cautious with earnings season in full-swing amidst sky-high expectations and lofty valuations.
- The widely expected market sell-off is finally here, resetting valuations and presenting investors with an opportunity to add to quality holdings.
- I present a list of 12 high-quality, blue-chip stocks with fair value and price targets, to consider adding on weakness.
"In times of peace, prepare for war".
This simple, yet sophisticated phrase, often attributed to the Roman military strategist Vegetius, is a perfect description of how I approach investing strategy.
This year, the S&P 500 ( SP500 ) has posted 19 new 52-week highs, while the Nasdaq Composite fared even better with 46 new highs....
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For further details see:
Market Turmoil: 12 Blue-Chips To Buy If The Market Keeps Dropping