Overvalued Stocks
by xiexgp | April 6, 2013 6:33 pm
Hey guys A number of advisors feel like the markets cannot continue to rise like they have during the first quarter of this year, and we should preparte for a pullback. Do you have any stocks that you think are way overvalued and would be good candidates to buy puts on?
Source URL: https://www.stockgumshoe.com/2013/04/microblog-overvalued-stocks/
No, I do not have anything specific for puts or declining stocks.
I believe that after a few false starts, the markets in general will move upward. After all, stock prices are evaluated in dollars and the dollars are being depreciated, so people are buying stocks in an effort to maintain purchasing power.
So, I’d buy now and I’d buy dividend paying stocks like GE and Campbell Soups, etc.
But, if you want a negative play, try TBT (inverse treasury bonds). I-rates can’t go much lower but can go up pretty fast.
Agree with comment