Veteran trader picks battered stock as top stock to buy
The longtime trader makes a stock choice that might shock some investors.
Yo, dawg, hear up.
Ed Ponsi has been eyeballing the stock marketplace for slightly a whereas now and he has some solutions about an investing strategy identified as Canines of the Dow.
Related: The 5 worst-performing shares on the Dow Jones Industrial Common in 2024
The theorem that, the frail trader said in TheStreet Pro, is that you simply purchase last year's worst-performing shares in the Dow Jones Industrial Common originally of the year, and defend the shares for one fat year.
Money manager Michael B. O’Higgins is credited with coining the term Canines of the Dow in his 1991 guide "Beating the Dow."
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