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Friday 4 October 2024
What Is the $7,882 Stimulus Payment 2024?
Strange new currency to replace US dollar?
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7 Manufacturing Stocks to Buy as Sector Activity Increases
Good morning,
Investors may get tired of hearing investing advice such as "skate where the puck is moving." But the reason these phrases exist is because they're true. One sector that is one of the best predictors of economic activity is the manufacturing sector.
Every month, one of the leading economic indicators is the reading of the ISM Manufacturing Index. When investors see a number over 50, it tells them economic activity is expanding. By contrast, if that number is under 50, it indicates the economy is contracting.
In April 2024, the ISM index was 54.60, its strongest reading in 20 months. In a time of conflicting economic data, this is one sign that the economy may be better than some analysts expect.
In other words, it may be telling you where the puck is moving.
If it is, now is the time to look for manufacturing stocks. That's the focus of this special presentation. Many of these stocks tend to follow the performance of the sector. This cyclical nature was on display in 2023, which was a down year for many stocks.
But if the sector is recovering and possibly getting ready to outperform the broader market, it's time to position yourself for that growth by looking at the manufacturing stocks in this presentation.
View the 7 Manufacturing Stocks to Buy as Sector Activity IncreasesThe InsiderTrades.com Team
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5 Election Stocks to Buy Before November
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| DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. |
3 Undervalued Tech Stocks With Strong Fundamentals
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The TradingPub's ultimate election event on Monday
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