Stocks to Watch as China Reopens Economy

avatar

The Most Important Thing

risk is largely a matter of opinion

Sam Mendoza's profile picture on Select App
SM

Sam Mendoza

·4 years ago
shared a media post in group #The Most Important Thing
One of the biggest pieces of news in the last week has been China abandoning its Zero-Covid policy and beginning to reopen its economy despite increasing COVID-19 cases in the country. This will majorly impact businesses worldwide as China is one of the world's largest purchasers and producers of goods. Oil markets, for example, surged when the news was public as investors anticipated that global oil demand would significantly increase with China raising its consumption level now that people can travel and businesses can reopen. Let’s look at some stocks that are U.S. based but have suffered due to their exposure to China's markets. All seven of these stocks are primed to rebound if the Chinese markets improve as expected. #A Glance of China 行摄中国
 
avatar

Bobby

Stocks To Watch: Apple (APPL) • Apple h...
!! Apple! I was looking at it as Apple has hit a fresh 52-week low after falling 1% yesterday. The company has struggled with supply chain issues this fall and winter which has limited the sale of new iPhones. Like you said, the company could see a rebound when supply issues clear as China reopens OR.......they could be further impacted if a severe recession lowers spending power for their core consumers. thestreet.com/markets/app..
Apple Stock at 52-Week Lows: Here’s the Trade. - TheStreet

www.thestreet.com

Apple Stock at 52-Week Lows: Here’s the Trade. - TheStreet

Apple stock is making 52-week lows for a second session. Here are the levels to know right now.

 
avatar

Sam Mendoza

Stock To Watch: Nike (NKE) • Similar to Sketchers, Nike has significant supply chain investments in China. • Nike is down 33.1% so far this year, with supply issues compounded by the loss of major ambassadors and a move into the • NFT space that has yet to pay off. The company has a 16.1% exposure rate to China.

avatar

Sam Mendoza

Stock To Watch: Unity Software (U) • The stock is down 79.99% so far this year and has not benefited from some of the recent rebound in tech stocks, losing 17.5% in the last month. • The stock has a 15.2% exposure to China which some investors have cited as a cause for recent losses. • The stock has more than a 25% upside from most analysts.

 
avatar

Todd Smith

https://seekingalpha.com/article/4566666...
signs of life!

avatar

Todd Smith

surprised, but not surprised by the shoe companies

Embed post to a webpage :
<div data-postid="dgxo" [...] </div>
Powered bySelect·iOS·Android
Privacy|Terms|