ZnWC
Excellent Contributor
joined discussion · Dec 15, 2022 11:38
How to protect your portfolio?
How to invest with rising inflation? Which stock do you hold to protect your portfolio? Although CPI has dropped which should signaled that Fed rate hike has effectively killed demand, inflation remains high and interest rate hike will continue for a while. Business sentiment is still very negative as most think that recession is still imminent and that drives stock prices further down. Fordefensive stocksagainst inflation, there are some sectors that stays in the green: 1. Biotechnology 2. Drug manufacturer 3. Utilities You may use Moomoo's Heat Map to look for such stocks. Some examples you may want to monitor: $Pfizer (PFE.US)$,$Moderna (MRNA.US)$,$Fortis (FTS.US)$,$Eversource Energy (ES.US)$ The reason is simple - inflation unlikely to hurt such sectors as demand for medicine (drugs) and utility (electricity, gas or water) will remain high. However be mindful that there'll be volatility; always do your own due diligence and kept enough emergency fund before you invest.
71791308 : I hold AMC, then diversify with APE, eat crayons and repeat
荷兰豆炒猪嗨 71791308 : If you make money, leave; otherwise the market will slowly eat up your profits