Just because the market continues to outperform its usual annual returns, it doesn’t mean there still aren’t some beaten-down stocks to trade.
I mean, we can’t continue to think the market is going to give us double-digit returns every year…
Heck, especially not if the Federal Reserve actually takes its foot off the gas when it comes to pumping the bond market with cash every month.
That’s why I wanted to give away one beaten-down stock to trade that’s setting up to go even lower…
1 Beaten-Down Stock to Trade the End of 2021
But first, we have inflationary pressure that sooner or later is going to take a big margin bite out of most companies.
In September, Morgan Stanely strategists led by Michael Wilson said the worst-case scenario’s evidence still points to weaker growth and consumer confidence declines that could result in a drop of more than 20% in U.S. stocks.
I believe that 20% drop is going to be limited to specific sectors such as Consumer Discretionary and tech, and the decline won’t be sustainable.
But if consumer staples stocks do drop 20%, which isn’t all that bad considering large caps have fluctuated a lot this year, they should sell-off rather quickly.
Or, at least, the beaten-down stock to trade on my list should…
It’s an American television provider that still requires its customers to stick a plastic dish on the side of your roof.
I mean, who wants that?!
This beaten-down stock to trade has technically been moving lower for over five years now… and I see even more downside for it over the next quarter because there’s no major support until under the $25 level.
Be sure to check out my short video below and I’ll reveal its ticker…
Don’t forget to like and subscribe to our YouTube channel if you haven’t already so you can be notified as soon as we post our next video and see what other trade opportunities we’re paying close attention to!
P.S. After witnessing gains like 36.92% on APTV in seven days… 53.66% on PWR in four days… and even 83.87% on ALB in six days….
I’m finally pulling back the curtain on my most critical stock market strategy yet!
You see, inflation is running amok… and Wall Street knows the best way to beat it by flooding specific stocks set to outperform.
But I’ve found a way for us to get in on them before Wall Streets does.
And I’m ready to rush everyday traders to the exact ticker of the stock that was just triggered by my breakthrough discovery.