Forex Market News Today
  • Home
  • News
  • LiveHourly
  • Markets
  • Stock
  • Business
  • Economy
  • World
  • Politics
  • Energy
  • exchange
  • companies
No Result
View All Result
Forex Market News Today
Home Stock

The market faces upside risks in 2021: Morning Brief

3 months ago
in Stock
3 min read
The market faces upside risks in 2021: Morning Brief
Share on FacebookShare on Twitter


TipRanks

Billionaire Ray Dalio Picks Up These 3 “Strong Buy” Stocks

Sometimes, the experts will tell us what we already know. Ray Dalio, the founder of Bridgewater Associates, has built a legendary reputation in financial circles, for taking his firm from a home business in his two-bedroom apartment to the international hedge fund giant, employing over 1,500 people and managing more than $138 billion in total assets. But when questioned on how he did it, or how today’s investors can survive the ongoing pandemic crisis, his advice can sound downright ordinary.Dalio’s advice for investing during the pandemic can be summed up easily enough. First, he says to diversify the portfolio. Diversification means spreading out the risk, which in turn will reduce your losses should one – or even several – investments turn south. Second, Dalio tells us not to bother trying to ‘time the market.’ Even the pros don’t usually get this right, and Dalio says that simply buying into a stock you like, and holding it long term, is a better strategy then trying to buy in at the right time. The stock market is a risky place to put your money, and Dalio understands that. His tactics for mitigating that risk are age-old – and have arguably brought him great success. Bearing this in mind, we decided to look at Bridgewater’s recent activity for inspiration. Running three stocks Dalio’s fund picked up during Q3 through TipRanks’ database, we found out that the analyst community is also on board, as each sports a “Strong Buy” consensus rating.Baxter International (BAX)We will start with Baxter International, a healthcare company based outside of Chicago. Baxter produces medical devices and other products for the treatment of acute and chronic conditions, particularly blood, immune, and kidney diseases. The company markets mainly to healthcare professionals and institutions, rather than the open market, and boasts over $11 billion in annual revenue.The company’s revenues through 2020 have been stable, and in-line with historical values. Baxter ended 2019 with a $3 billion quarter; that slipped to $2.72 billion 1Q20, but had risen steadily to $2.97 billion by 3Q20. The company pays out a modest dividend for investors, which at 24.5 cents per common share gives a yield of 1.3%.Dalio’s position in Baxter is a new one for him. His firm bought up 124,701 shares of the stock, a holding that is worth $9.73 million at current prices.5-star analyst Danielle Antalffy, of SVB Leerink, writes of Baxter, “[We] see BAX’s underlying fundamentals — accelerating sales growth, meaningful margin expansion — as unchanged. One of the most meaningful datapoints in this quarter was 6% peritoneal dialysis patient growth… well ahead of the mid-single-digit long-term growth outlook for the Renal business that the Street is modeling. As the COVID pressures begin to lift, visibility into the long-term growth drivers should improve, and we would expect the…



Go to the news source: The market faces upside risks in 2021: Morning Brief

Tags: FacesMarketMorningrisksUpside
Previous Post

Consumers Finally Getting Smart? Credit Card Balances in Steepest Drop Ever

Next Post

Congress dares Trump to veto defense bill

Related Posts

Sell up – the stock market is collapsing after a last-gasp bull run – South Chin…
Stock

Sell up – the stock market is collapsing after a last-gasp bull run – South Chin…

by Forex News
March 7, 2021
0

Sell up – the stock market is collapsing after a last-gasp bull run South China Morning Post Go...

Read more
7 reasons why investors should buy the stock market’s recent dip, even as bond y…
Stock

7 reasons why investors should buy the stock market’s recent dip, even as bond y…

by Forex News
March 7, 2021
0

Cindy Ord/Getty Images Fundstrat's Tom Lee thinks investors should buy the recent dip in the stock market, according to...

Read more
Stock Market Surges After Robust Jobs Report; IBD 50 Firms Polaris, Dynatrace Sh…
Stock

Stock Market Surges After Robust Jobs Report; IBD 50 Firms Polaris, Dynatrace Sh…

by Forex News
March 6, 2021
0

It was another volatile session for the stock market Friday, but the end result looked pretty good. X The...

Read more
Dow Jones Futures Rise After Fed Chief Powell Triggers Market Break; What You Sh…
Stock

Dow Jones Futures Rise After Fed Chief Powell Triggers Market Break; What You Sh…

by Forex News
March 5, 2021
0

Dow Jones futures rose slightly Friday morning, along with S&P 500 futures and Nasdaq futures, erasing overnight losses as...

Read more
Dow Jones Dives, Tech Stocks Sell Off On Powell Speech As Yields Spike; Tesla St…
Stock

Dow Jones Dives, Tech Stocks Sell Off On Powell Speech As Yields Spike; Tesla St…

by Forex News
March 4, 2021
0

The Dow Jones Industrial Average slid 450 points Thursday in the wake of Fed Chairman Jerome Powell's speech, as...

Read more
Cramer recommends theme stocks to buy on the next market sell-off
Stock

Coronavirus losers suddenly have the best stocks

by Forex News
March 4, 2021
0

Strong stocks are in free fall and beaten-down names are on the rise as market players adjust their portfolios to take...

Read more
Live Updates: Bond Market, Stocks and Wired Magazine
Stock

Live Updates: Bond Market, Stocks and Wired Magazine

by Forex News
March 3, 2021
0

Here’s what you need to know:Lael Brainard, a Federal Reserve governor, made it clear that the Fed was watching...

Read more
5 things to know before the stock market opens March 2, 2021
Stock

5 things to know before the stock market opens March 2, 2021

by Forex News
March 2, 2021
0

Here are the most important news, trends and analysis that investors need to start their trading day:1. Stocks set...

Read more
Nio Stock Jumps Ahead Of Report After Rival’s Profit Surprise
Stock

Nio Stock Jumps Ahead Of Report After Rival’s Profit Surprise

by Forex News
March 1, 2021
0

Nio (NIO) tees up to report for a fourth quarter in which it more than doubled deliveries, after Chinese...

Read more
Dow futures rise more than 200 points as Treasury yields fall
Stock

Dow futures rise more than 200 points as Treasury yields fall

by Forex News
March 1, 2021
0

A woman walks past the New York Stock Exchange (NYSE) at Wall Street on January 12, 2021 in New...

Read more
Next Post
Congress dares Trump to veto defense bill

Congress dares Trump to veto defense bill

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Latest Forex News

Kinnate Biopharma Announces Pricing of Initial Public Offering

Kinnate Biopharma Announces Pricing of Initial Public Offering

3 months ago
Canada’s Couche-Tard in takeover talks with Carrefour of France

Canada’s Couche-Tard in takeover talks with Carrefour of France

2 months ago
Fauci Says There’s No ‘Organized Approach’ to Tracking COVID-19 Vaccine

Fauci Says There’s No ‘Organized Approach’ to Tracking COVID-19 Vaccine

1 month ago
Live Foreign Currency Exchange Rates

UK inflation rises to 0.6%; London average house price exceeds £500,000 – busine…

2 months ago

Today Market News

Rupee falls 14 paise to 73.16 against US dollar in early trade
Live

Rupee falls 14 paise to 73.16 against US dollar in early trade

March 8, 2021
PH Central Bank Governor: ‘Elevated’ inflation does not require monetary respons…
Economy

PH Central Bank Governor: ‘Elevated’ inflation does not require monetary respons…

March 8, 2021
MTAR Technologies IPO Subscription details: Retail investors expect bumper listi…
Live

MTAR Technologies IPO Subscription details: Retail investors expect bumper listi…

March 8, 2021
Shares falter as tech skids, yields and oil ring inflation alarm By Reuters
Economy

Shares falter as tech skids, yields and oil ring inflation alarm By Reuters

March 8, 2021
Covid-19 News: Live Updates on the Virus, Vaccines and Variants
World

Covid-19 News: Live Updates on the Virus, Vaccines and Variants

March 8, 2021
Increase in price for some petroleum products
Economy

Increase in price for some petroleum products

March 8, 2021
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA

© 2020 Siteofforex.com

No Result
View All Result
  • Home
  • News
  • Live
  • Markets
  • Stock
  • Business
  • Economy
  • World
  • Politics
  • Energy
  • exchange
  • companies

© 2020 Siteofforex.com

wpDiscuz