Is This My Mojo Rising?
Groovy baby! It seems like the stock market is doing the Austin Powers cha cha bouncing back like me after a stint in the cryo chamber. This cat Tom Lee from Fundstrat reckons we're seeing a 'V' shaped recovery after all that tariff kerfuffle. Oh behave! Remember when Trumpy poo announced those tariffs and everyone started freaking out? Well the market took a dip but now it's staging a comeback baby!
Waterfall of Cash Baby!
This 'V' thing apparently is what happens after what Lee calls a 'waterfall decline'. Sounds messy but hey who am I to judge? He told CNBC that these 'waterfalls' usually lead to a 'V' rather than a 'W'. Which means no double dipping into despair baby! It's all about optimism and a bit of shagadelic luck!
Skeptics Schmkeptics! It's All About the Groove!
Despite all this groovy news some folks are still a bit glum. Lee says there are a lot of pessimists out there but he thinks they'll soon be singing a different tune. "At some point the macro skeptics will have to acknowledge that conditions are improving," he says. Yeah baby it's like when Dr. Evil finally admitted I was a smooth operator. Took him long enough!
Washed Out and Ready to Party! (In a Stock Market Kind of Way)
So Lee's got this list of 'washed out' stocks that are ready to make a comeback. These are the stocks that got hit hard between February and April but are now ready to boogie. Tariffs might have given them a little nudge down but now they're ready to rise from the ashes baby!
Criteria? I've Got Criteria Baby!
To find these gems Lee looked for stocks with market caps over $15 billion that dropped more than 30% before February 18th. They also had to avoid making new lows between April 1st and 8th when the Trump tariff drama went down. And of course they had to be down more than 25% from their 52 week highs. It's all very scientific baby!
Who Made the Cut? Get Ready to Rumble!
So who made the list? Lululemon baby! The athletic wear company. They're up more than 7% after a rough patch. Analysts reckon they could gain another 11.5% over the next year. And Super Micro Computer a tech stock jumped nearly 10% recently. Analysts give them a 'hold' rating but think they could still run up more than 20%. Sounds like a shagadelic portfolio in the making baby!
stocks V-shaped recovery Tom Lee Fundstrat tariffs investment market analysis Lululemon Super Micro Computer washed out stocks
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BrutonFamily
Stocks baby, stocks!
toloy88
Shagadelic!
Red87445
Yeah, baby, I'm ready to invest!
bodyslimmer
I trust Tom Lee more than Dr. Evil.
kenzio
How does this affect my mojo?
uni5680
Someone send help to the stock market.