A swift global coronavirus pandemic has caused the fastest U.S. stock market sell-off ever and opened up a new, nimble stock strategist game. How low can the stock market go, and how cloudy can the outlook become? Hopefully, Our Chief Equity Strategist and Economist, John Blank, can provide some answers. He joins me by phone now.
1. Since this whole situation is constantly evolving, is there any way to even answer this definitively?
2. In a conference call that you & I were on about a week ago, you to my surprise, said the market is where it should be from a technical standpoint. Do you still feel that way?
3. So, are large cap stocks cheap at this point or just confusing investors because they may go even lower than where they are now?
4. What’s actually driving the stock market now?
5. Will this coronavirus tip the world economy into recession as countries around the globe go into lockdown to contain the outbreak?
6. Is there a way at this point to estimate the global loss due to this pandemic?
7. What has to happen for U.S. businesses to feel safe to begin normalizing economic activity?
8. Have you put a percentage on the GDP contraction you’re looking for going forward?
9. What do you see as the damage to corporate earnings from this?
10. There are still stocks on your radar though. They include, Microsoft (MSFT - Free Report) , SAP (SAP - Free Report) and Regeneron (REGN - Free Report) .
Chief Equity Strategist & Economist, John Blank, on this global pandemic and its financial impact. With John, I’m Terry Ruffolo.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
A swift global coronavirus pandemic has caused the fastest U.S. stock market sell-off ever and opened up a new, nimble stock strategist game. How low can the stock market go, and how cloudy can the outlook become? Hopefully, Our Chief Equity Strategist and Economist, John Blank, can provide some answers. He joins me by phone now.
1. Since this whole situation is constantly evolving, is there any way to even answer this definitively?
2. In a conference call that you & I were on about a week ago, you to my surprise, said the market is where it should be from a technical standpoint. Do you still feel that way?
3. So, are large cap stocks cheap at this point or just confusing investors because they may go even lower than where they are now?
4. What’s actually driving the stock market now?
5. Will this coronavirus tip the world economy into recession as countries around the globe go into lockdown to contain the outbreak?
6. Is there a way at this point to estimate the global loss due to this pandemic?
7. What has to happen for U.S. businesses to feel safe to begin normalizing economic activity?
8. Have you put a percentage on the GDP contraction you’re looking for going forward?
9. What do you see as the damage to corporate earnings from this?
10. There are still stocks on your radar though. They include, Microsoft (MSFT - Free Report) , SAP (SAP - Free Report) and Regeneron (REGN - Free Report) .
Chief Equity Strategist & Economist, John Blank, on this global pandemic and its financial impact. With John, I’m Terry Ruffolo.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on REGN - FREE
Get the latest research report on MSFT - FREE
Get the latest research report on SAP - FREE