4 High Earnings Yield Value Bets as Recession Fears Resurface
Barrick(GOLD) ZACKS·2024-08-06 21:11
U.S. stocks saw steep declines on Monday, with the Nasdaq and S&P 500 each falling roughly 3%, continuing last week's sell-off amid renewed recession concerns. Multiple bearish catalysts triggered this massive selloff and the market volatility is expected to persist in the near term. In this uncertain environment, value investing emerges as a prudent strategy. Investors can invest in high earnings yield value stocks like Western Digital (WDC) , PDD Holdings (PDD) , Pfizer (PFE) and Barrick Gold (GOLD) to re ...