7 Stocks to Smooth the Ride
My latest for TMF runs a screen looking for stocks that are likely to hold up well in a downturn.
One-day results aren't very significant for long term investors, but even though all seven stocks profiled lost money today, only one - Chevron - was down by more than the S&P500. The best performer of the bunch was McDonald's, which shed only 1.5% on a day when the S&P500 dropped nearly 5%.
Disclosure - I bracketed the stocks profiled - long CVX and MCD.