We hear numerous market strategists talk about stocks which are going up because “there is no alternative” to owning them. In the Wall Street vernacular, this goes by the phrase TINA.
What do they mean by invoking TINA as it pertains to common stocks? How does this relate to company moats and the price you should pay to gain ownership of a highly defended competitive position? How has growth stock investing momentum contributed to TINA? Can TINA stocks be found via our eight criteria for common stock selection?
The COVID-19 virus and nationwide quarantines have