$NVIDIA (NVDA.US)$ Keiith This is your answer In times of stock market crashes or economic downturns, defensive sectors are those that tend to perform relatively better because they provide essential goods and services that people need regardless of economic conditions. These sectors are less sensitive to business cycles and usually have stable earnings, steady cash flows, and consistent dividends. Here are the main defen...
Ah_huat23
:
walmart import large quantities from China. China side will not absorb the 104% tariffs. I think Walmart stock will not be a good choice in this case
Ah_huat23
The Family Guy
OP
:
During recession, people will be more price sensitive. if items suddenly double the prices with the 104% tariffs, they may go elsewhere to get their groceries and household items. maybe you are rich enough to buy same items with double the price , but i will definitely look for alternatives.
The Family Guy
OPAh_huat23
:
Walmart is not whole food….I do shope at Walmart and they have the lowest prices in town for household necessities! grocery is a different story for that i go to a grocery store like Tony’s… If the prices are gonna go up whats the alternative for cheaper prices…Nowhere..Thank you!
$Procter & Gamble (PG.US)$i always look at pg and msft (and aapl sometimes) for relative valuation of defense and tech/momentum stocks. Right now msft is about 10% more expensive than pg based on foward p/e. valuation risk of tech is removed, but the market appears to be very concerned of tech earnings risks given the terrible technicals. there seems no bull case for tech.
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Ah_huat23 : walmart import large quantities from China. China side will not absorb the 104% tariffs. I think Walmart stock will not be a good choice in this case
The Family Guy OP Ah_huat23 : If u shope at walmart u always gonna go back no matter how the prices are!
Ah_huat23 The Family Guy OP : During recession, people will be more price sensitive. if items suddenly double the prices with the 104% tariffs, they may go elsewhere to get their groceries and household items.
maybe you are rich enough to buy same items with double the price , but i will definitely look for alternatives.
The Family Guy OP Ah_huat23 : Walmart is not whole food….I do shope at Walmart and they have the lowest prices in town for household necessities! grocery is a different story for that i go to a grocery store like Tony’s… If the prices are gonna go up whats the alternative for cheaper prices…Nowhere..Thank you!
Zihaohao Ah_huat23 : One can only avoid consumption, but there are no cheaper options available.
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