Dear Reader,
Today I wanted to do a quick video about a new research report from Piper Sandler.
Piper Sandler is a really good, small independent regional investment bank.
I’ve been watching these guys for decades and they produce high quality research.
As we head into earnings season, they’ve just released a list of stocks most at risk of getting hammered.
So I want to share that with you.
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“Doomsday Indicator” Flashes for First Time Since Great Depression
According to Federal Reserve data, a “doomsday indicator” is flashing for the first time since the 1930s Great Depression.
The next 90 days could spell disaster for stock market investors.
That’s why the actions you take today are crucial for your financial survival.
Take these 4 steps to protect your retirement here.
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This is a good enough list and Piper Sandler’s a good enough firm this is worth your attention.
So here it is…
Piper Sandler’s list of most at-risk stocks as we head into earnings season:
Live Nation Entertainment (SYM: LYV)
Paramount Global (SYM: PARA)
VF Corp (SYM: VFC)
MGM Resorts International (SYM: MGM)
Kohls (SYM: KSS)
Nordstrom (SYM: JWN)
GameStop (SYM: GME)
Southwest Airlines (SYM: LUV)
Cleveland Cliffs (SYM: CLF)
Weyerhaeuser (SYM: WY)
These are the stocks Piper Sandler predicts are most at-risk to really disappoint with earnings as we move into this earnings season.
If you own these stocks just keep your eyes on them.
We recommended one of them, Paramount Global, in Behind the Markets, and we’re still long that stock, but I’m very much on top of that so you don’t have to worry about that one.
But the rest of these, if you own any, just be extra, extra careful as we head into this earnings season…
If any of these companies disappoint with bad earnings or bad forecasts these stocks could get hammered.
Remember – my whole M.O. is:
Protect our money. Protect our money. Protect our money.
So I’m always looking for things that can really hurt us. (Here are my top 5.)
That’s why I wanted to share this with you.
I’ll record another video as soon as we get to the other side of Hurricane Milton.
“The Buck Stops Here,”
P.S. According to Federal Reserve data, a “doomsday indicator” is flashing for the first time since the 1930s Great Depression.
The next 90 days could spell disaster for stock market investors.
That’s why the actions you take today are crucial for your financial survival.