Previous close | 1.0900 |
Open | 1.0900 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 355.00 |
Expiry date | 2022-09-16 |
Day's range | 1.0900 - 1.0900 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Just because it's earnings season doesn't mean we don't still have stock pitches for your consideration!
Despite its positive performance over the past month, the S&P 500 is still down 13% in 2022. After peaking around the start of the year, the broad stock index has trended lower thanks to macroeconomic concerns, mainly around the ongoing soaring inflation. A surge in consumer demand following the depths of the pandemic, coupled with struggling supply chains, has led to rising prices across the economy.
There is one tried-and-true way of investing in hard times: Find companies that thrive in recessions, ones that people turn to when money is tight, such as Dollar General (NYSE: DG) and Costco Wholesale (NASDAQ: COST). Both are solid defensive choices for investors in a downturn. Dollar General chief operating officer Jeffrey Owen was promoted to be the company's CEO last month when Todd Vasos stepped down after seven years.