It’s been getting more and more difficult for people to gauge the ebbs and flows of supply and demand thanks to heighted market volatility…
I mean, most stocks can’t decide which direction they want to trade right now!
This type of market climate is here to stay until we get some clarity on the Russia-Ukraine conflict and the Federal Reserve decides how aggressive it wants to be about raising interest rates…
Which is why I decided to give away some new momentum stocks to trade in a volatile market until we’re in the clear.
2 Momentum Stocks to Trade in a Volatile Market Environment
My advice to traders hasn’t changed the past few months…
I’ve been telling everyone to stay defensive and steer clear of consumer discretionary and tech stocks… And instead, move toward high-paying dividend or defensive names.
In other words, we should avoid investing in companies where inflation could become a major issue.
That’s why Grupo Aeroportr dl Pcfco SAB de CV (NYSE: PAC) is the first stock to trade in a volatile market climate.
It’s a Mexican airport operator headquartered in Guadalajara, Mexico.
Now, PAC isn’t on the list for its oversized returns… It’s there for its stability and less volatility in light of the crazy trading action we’ve been seeing.
Sometimes, it’s better to be simple and boring…
So forget about the latest tech and growth stocks — it’s time to focus on basic meat and potatoes companies.
I have a price target of $175 per share on PAC over the next three months as long as a good amount of global uncertainty remains in the air… and in case you haven’t noticed, there’s a lot of it right now.
Check out my short video below to get the next momentum stocks to trade in a volatile market on my list.
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. We’re no longer in the “easy bull market” we’re used to… And we’ve seen everything from short rallies to major sell-offs the past few months.
But the crazy part is Joy of the Trade’s Jeff Zananiri predicted this would happen before the volatility hit!
On Jan. 14, Jeff warned a sell-off was approaching. People laughed at him, but a few days later the markets sold off hard and he collected 352% on DGX.
Then again on Jan. 28, Jeff said the markets were bound to rally that week… and he nailed 30% on TXN and 11% on XOM — overnight!
These past predictions have nothing on what he has coming next…