Looking across the valley to the other side of this crisis, I plan for an eventual recovery and add 5 new stocks to the portfolio: Teck Resources, Magellan Aerospace, Foot Locker, Adcore Inc and PHX Energy Services.
With the markets and the economy in disarray, the average p:e ratio of my portfolio has fallen to a level I haven’t seen since 2008.
With a very aggressively positioned portfolio, I am charging full steam ahead into the new decade.
As signs of an impending recession accumulate and trade war tariffs loom, the resultant investor gloom is throwing up some very interesting investment opportunities.
After watching from the sidelines for the past year, early signs of a turnaround convinced me to take a chance on the recovery of this once promising apparel retailer.