- Most stocks, including the FAAMG stocks, are reporting fantastic earnings for the second quarter of 2021. Earnings beats have never been as high as today.
- Despite these strong reports, numerous stocks are facing double-digit price declines. How is this possible?
- I will explain the main reason for this trend and why these stocks will likely face further declines over the coming quarters.
- I share one of our favorite picks in today's market valued at a P/E ratio of 8.5x and providing a dividend yield of 8%.
For further details see:
Record Earnings Beats, But Why Aren't Stocks Going Up?