NS TSX index This month, the combination of delta variant concerns and rate hike jitter has made a difficult start, triggering the beginning of what could be a more dramatic pullback. It is not yet known if the long-awaited market correction has begun. Anyway, even if the Federal Reserve Board adopts a slightly hawkish tone over the next few months, I think it’s worth taking advantage of such a pullback of over 5%.
Undoubtedly, pressure on high-growth stocks could be on the card again.Recent movements made by Big short Dr. Michael Burry certainly seems to suggest that high 10-year bond rates can cause turmoil in the hottest stocks on the market. Indeed, Cathie Wood’s ARK Invest ETF line holds some of the hottest ones these days. And I believe Barry’s short stories shouldn’t be overlooked. In a previous article, I urged investors to support Barry Overwood by making a bullish but cautious move forward.
Can Wood prove that Barry is wrong?
Probably in the short term. But if I had to bet on what to expect at the end of the year, I would have to be on Barry’s side. Growth stocks are sexy again, but they can be worth more when the reality of rate hikes over the next two years begins. If you want to go back to the high-level name again, you’ll need form support. Strong fundamentals here and now and outlook for profitability.
So if you’re sitting extra $ 500 in a TFSA (Tax Exempt Savings Account), don’t wait for this gentle 2% withdrawal to reach the 10% mark. We’ve been going for a long time without modification, and the odds suggest that a 10% drawdown is likely, but that’s not yet guaranteed. Therefore, it’s a good idea to consider getting a high-quality product along the way, especially for names that don’t deserve a hit. Insist on value and high quality profits.
Nutrien: Momentum and high value TSX dividend stock
Agricultural play Nutrien (TSX: NTR)(NYSE: NTR), This stands out to me as a great buy as the market goes down. Today, dividend stocks are at the crossroads of momentum and value, and recently hit a new high of just below $ 80 before changing by lowering 5% to $ 76.
Nutrien is an agricultural company that has formed a considerable moat around the world’s potash production. The company has been steadily rising over the past year, backed by a recovery in commodity prices. Soaring potash and other fertilizer prices could cool in the coming months, but I think Nutrian stock is still a buy. The long-term tailwind, especially the need to increase global yields, continues. And Nutrien’s epic retail business needs to survive moderate fluctuations in commodity prices over the medium term.
The main reason for owning Nutrien for a long time is good looking The dividend is just north of 3% at the time of writing.
If this is the beginning of a fix, list Named to pick up weaknesses if you have at least $ 500 to spend on work. And unless you’re willing to bear the brunt of the next sell-out, it’s wise to pay attention to Michael Burry’s tacit warning by claiming value and quality rather than “growing at any price.” It may be an idea.
This article represents the opinion of a writer who may disagree with the “official” recommendation position of the Motley Fool Premium Services or Advisors. We are Motley! Asking investment treatises, even our own treatises, can help you think critically about your investment and make decisions to be smarter, happier, and richer. As a result, we may publish articles that may not match recommendations, rankings, or other content. ..
Stupid contributor Joey Frenet There are no positions in any of the listed stocks. Motley Fool recommends Nutrien Ltd.
Did you get $ 500?Seems Unstoppable 1 Dirt-Cheap TSX Dividend Stocks
https://www.fool.ca/2021/08/20/got-500-1-dirt-cheap-tsx-dividend-stock-that-looks-unstoppable/ Did you get $ 500?Seems Unstoppable 1 Dirt-Cheap TSX Dividend Stocks