Your friend, who is utilizing the top down approach to stock selection, believes a recession is coming. Of the stocks l...
Your friend, who is utilizing the top down approach to stock selection, believes a recession is coming. Of the stocks listed below (with their industry), which one should your friend choose? Caterpillar (CAT): machinery Ford (F): automaker Oracle (ORCL): software Any of the stocks is fine because coming recessions are meaningless in the top down approach Northeast Utilities (NU): utilities Transocean (RIG): oil drilling
Your friend, who is utilizing the top down approach to stock selection, believes a recession is coming. Of the stocks listed below (with their industry), which one should your friend choose? Caterpillar (CAT): machinery Ford (F): automaker Oracle (ORCL): software Any of the stocks is fine because coming recessions are meaningless in the top down approach Northeast Utilities (NU): utilities Transocean (RIG): oil drilling