We recently announced a list of 10 stocks to watch as trade wars begin. In this article, we're going to look at where Rocket Companies Inc. (NYSE: RKT) stands against other stocks to watch as trade wars begins.
Bill Strazzullo, Chief Strategist Trading Market Bell Curve, said in an latest CNBC program that the market is not going down and urged investors not to buy all DIPs and wait for real opportunities. The Analyst made some specific predictions about the bottom of the market:
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Strazzullo believes that the S&P 500 could fall to 4,500 to 4,100 before seeing a bottom. He repeatedly said during the interview that market earnings of the pandemic days were “tapped out.”
“This key driver was the rally off the lows of March 2020 at the height of the pandemic when we knew we were going to get historic financial and financial stimulus. If you knew that was the right trend, you could have known months in advance when the market was over. I put the targets ahead.
Also read: 7 best stock to buy in the long term and 8 Cheap Jim Cramer Stocks to invest in.
For this article, we chose 10 stocks Wall Street watches closely in the heart of the US-China Trade War. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks to which money accumulates? The reason is simple: our research has shown that we can outperform the market by imitating the main stock options of the best hedge funds. Our quarterly newsletter strategy selects 14 small cap stocks and a large cap every quarter and has returned 373.4% since May 2014, beating its 218 percentage point benchmark (See more details here).
A business person using a laptop to review a mortgage loan details for a client.
Number of Hedgerow Fund Investors: 27
Josh Brown, CEO of Ritholtz Wealth Management, said in a recent CNBC program that he was buying mortgage shares, real estate, and Rocket Companies Inc. personal finance services (NYSE: RKT). The analyst believes that the company is about to benefit from potential cuts in interest rates.