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Latest Podcast2 Stocks to Buy, 1 Stock to Sell

In this episode, MarketBeat contributor Chris Markoch returns. He and Kate discuss three stocks Chris has been evaluating in light of the escalating Russia-Ukraine crisis. Chris discusses two stocks to buy, and one to sell. Points discussed in this episode: -Markets hate uncertainty: This is a time when investors need to be very careful; things can change quickly. Volatility is likely to be around for some time -You have to invest for how things are; not how you might want them to be. Some sectors will perform well. You owe it to yourself to invest where the growth is. Stocks to Buy: Energy Sector: Chevron (NYSE:CVX) ● Stock is up approximately 14% since the invasion (2/24) ● Record free cash flow in 2021 ● “significant” debt pay down ● Higher dividends for 34 consecutive years ● Continued plans for share buybacks Cybersecurity Sector: Palo Alto Networks (NYSE:PANW) ● Up approximately 15% since the invasion (2/24) ● Top cybersecurity pick by Morgan Stanley – believes PANW stock will outperform sector ● Beat on top and bottom lines in February 21 – days before the invasion ● Significant analyst price target increases Stock to Sell: John Deere (DE) ● Love the long-term story but short-term outlook looks challenging ● Deere’s presence in Russia spans 130 years ● In 2018, they announced plans to expand Russian operations ● In September 2021, agribusiness was rated one of the most promising sectors of Ukraine’s economy ● Both countries are important fertilizer producers Links mentioned in this episode: https://www.marketbeat.com This podcast is hosted by ZenCast.fm