![]() solar installations would jump 41% this year. Meanwhile, consulting firm Wood McKenzie estimated that U.S. Given these points, I think it’s clear that concerns about the Chinese economy are overdone. And the company’s offering of 7.5 million shares earlier this month also pushed down its share price.īut, as I noted in the section on MGM, China’s gross gaming revenue reached a post-lockdown record last month, while Lululemon reported that its revenue from “greater China” had surged 79% year-over-year in Q1. amid California’s reduced payments for electricity produced by rooftop solar systems. I believe that the shares have declined primarily due to worries about the Chinese economy and fears about the outlook of residential solar in the U.S. Maxeon (NASDAQ: MAXN), a China-based solar module producer, closed at $29.03 on June 1, well below its mid-May high of nearly $38. So with the economy and stocks potentially poised to surge, here are seven of the best stocks to buy on a dip. He added that the earnings estimates for a multitude of firms have been revised higher, and he believes that artificial intelligence could cause a “Productivity boom,” leading to a “ Roaring 2020’s boom.” Refuting bears’ arguments about the narrowness of the stock market’s current rally, Yardeni recently noted that many stocks have reached all-time records in the last several weeks. economy and stocks, I’m convinced that investors should look for the best stocks to buy on a dip. ![]() As a result, with Yardeni now sounding very bullish on the U.S. Instead, he provides an in-depth analysis of the forces affecting the economy and the stock market. That’s because Yardeni, unlike many other analysts, doesn’t rely on long-held, yet unproven beliefs like “Interest rates are rising, so stocks will fall” to make his predictions. ![]() ![]() Ed Yardeni, former Chief Economist of Prudential Equity Group, and Deutsche Bank, is one of my favorite analysts of stocks and the economy. In recent months, I’ve discovered that Dr. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ![]()
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