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October 19, 2018  
 
Fatal Attraction 

 
Is it a good idea to buy a beaten down blue-chip stock?
 
I get this question every so often. Sometimes, the person asking the question follows up by asking me "aren't you supposed to buy them when they're on sale?"
 
Take step back. A company that exhibits qualities that are valued by investors, such as consistently strong sales and earnings growth, could see its common stock trade lower while it's on its way to a higher price per share. These dips, a.k.a. volatility, are normal and the cause could be a number of things, such as a broad based stock market retreat. That is NOT what I'm talking about in this post.
 
I'm talking about household, blue-chip stocks that have been beaten down to a fraction of the price they once traded at, i.e. a 70 dollar former blue-chip stock now trading at 10. Does the low price mean you're getting a great stock at a discount or is it fatal attraction? This is the question I answer in this video that I recorded a few days ago. 
 
Side note: I post all of my videos on LinkedIn, but not all of them make it into my Friday email. So be sure to connect with me on LinkedIn so you don't miss any.
 
Here you go and please reply with your thoughts: 
 
 
Is it a good idea to buy beaten down Blue Chip stocks? 
Is it a good idea to buy beaten down Blue Chip stocks?

 
 
 
Now watch this video from October 10th when the Dow Jones Industrial Average was down over 800 points - What no one is telling you:

 
STOCKS CRUSHED TODAY! DOW DOWN OVER 800 POINTS! DO THIS! 
STOCKS CRUSHED TODAY! DOW DOWN OVER 800 POINTS! DO THIS!
 
 
 
 
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Thank you for taking the time to read this!
Mitch
 
 
I opened ClientFirst Strategy, Inc. because I believe that the only way to help my clients potentially achieve their goals is by offering unbiased advice & investment management expertise. To my clients, thank you for your continued vote of confidence. If you are not a client but would like to explore the possibility of becoming one, I invite you to call me directly, visit my website, join my email list, and/or connect with me on social media.      

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All the views expressed in this report/commentary accurately reflect our personal views about any and all of the subject securities or issuers and no part of our compensation was, is, or will be, directly or indirectly related to the specific recommendations or views we have expressed in this report. This material is not intended as an offer or solicitation for the purchase of sale of any security or other financial instrument. Securities, financial instruments, or strategies mentioned herein may not be suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue. Prices, values, or income from securities or investments mentioned in this report may fall against your interests, and you may get back less than the amount you invested. The information contained in this report does not constitute advice on the tax consequences of making any particular investment decision. You should consult with your tax adviser regarding your specific situation. Diversification is a method of managing risk and doesn't protect against loss in a down market. 
  
  

Mitchell O. Goldberg, AIF®, AAMS

President | Investment Professional

OSJ Manager 

 

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