Today, David Driscoll and The Panic-Proof Portfolio (Stockchase Research) commented about whether TMHC-N, BLX-N, PYPL-Q, LAGRB-OTC, TRP-T, CB-N, SOXX-Q, HEI-N, CAE-T, PKI-T, NFLX-Q, CGO-T, SXS-LN, ENGH-T, AFX-O, PAYX-Q, LLY-N, RACE-N, HSBC-N, CLPBY-OTC, NVO-N, SAN-N are stocks to buy or sell.
US stocks and companies won't face tariffs, but inflation as a result of them and also benefit from any tax cuts. As the US market does down, Europe and emerging markets are rising. But the EM's debt is in USD, so are at the whim of the USD, which is lagging and so EM stocks are rising. You can hold US stocks and enjoy the rest of the world. Be diversified.
Very defensive. Insurance pricing has not slowed because of all the catastrophes happening. Their combined ratio is 84%. He likes that they invest in bonds, not stocks, so they will survive a correction and grow their dividend. Most bonds are 1-5 years, so will benefit from rate cuts.
(Analysts’ price target is $303.43)
They benefit from peer Boeing whose accident rate continues to rise. They make OEM parts for commercial planes, and their electronics division has contracts with US Defence.