Market In Correction Mode
Wall Street is now down 10% in correction. Here are some stocks that are up despite this.
Amazon (AMZN)
American Electric Power
Apple (AAPL)
Atmos Energy
BBGT
Chesapeake Energy
Chevron (CVX)
Church & Dwight
Con Edison
Ergo
Enterprise Product
Globus Med
Indonesia Energy
Large cap bear 3x
Lockheed Martin (LMT)
Mosaic
Oneok
ProShares ultra short
Sempra Energy
Spider Oil & Gas
Suzano.
They are almost all energy plays except for an airplane maker and Apple.
My view is that this is not the way to invest as it is too tight. I like
Canadians myself: BCE, a ute with a 5.5% yield; Manulife (insurance) paying 5%;
Scotiabank (Bank of Nova Scotia) paying 4.4%; Power Corp of Canada paying 4.9%;
TC Energy paying 5.4%.
Also I like Nutrien which only yields 2.5% and CAE which pays no dividend yet. Plus
Couche-Tarde which pays out less than 1%. And US shares IBM (IBM) which yields 5.3%
and Medtronic (MDT) which pays out 2.4%
Disclosure: None.