Buy the Dip? Consider These Value Stocks and ETFs Instead.

2 years ago 535

Buy the dip, wrote J.P. Morgan’s strategists aboriginal this past week. As calls to courageousness go, it wasn’t precisely Churchill during the Blitz.

The dip successful this lawsuit was a 2% decline, twelvemonth to date, successful the S&P 500, bringing its 10-year summation to 261%, not counting dividends. Also, galore of the biggest idiosyncratic dippers this twelvemonth person been thinly profitable highfliers, similar unreality subordinate Snowflake (ticker: SNOW), oregon assets that are backed by suspended disbelief, similar crypto.

But...

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