London, England, 3rd Nov 2021, WinGroup broker says no doubt the stock market in the past has been a crazy place to be. The best stocks, however, have been the ones that can withstand all of the craziness and volatility going on in the market. This may be confusing because you see a lot of people in your life or on TV warning about how terrible it is to invest in the stock market and that they’ve lost a lot of money by doing so — but these are probably their opinions based off what has transpired over the past few years.
In October 2021, you will see now is really one of the best times to start investing for huge gains over time.
Sean Williams (SSR Mining): With the market suddenly turbulent, and higher inflation rearing its head this month I think it is an excellent time to consider buying gold stocks. And one company that could be worth your while are SSR Mining’s discounted shares; they come at such a great price because of how bad things have been for them recently in both economic conditions as well with pandemic coming out or oil prices rising drastically!
The SSR Mining buy thesis boils down to macroeconomic and company-specific factors. On a global level, the tailwinds for physical gold are about as strong as they’ve ever been thanks in large part due to historically low bond yields making sure that safe investment income is hard come by; meanwhile rapidly rising inflation threatens through out all sectors of society including investors seeking safety from market volatility or unexpected expenses such as medical care which would quickly eat away at their purchasing power if left unchecked .
This leads them towards investing into assets with long term sustainability like Precious Metals typically found at banks but now can also include stocks held off shore where people have faith there’s not going default anytime soon despite how risky things may look right now.
SSR Mining is also very undervalued given how low their costs are and the costs to produce gold down in their mines making it cheaper than competitors like Barrick Gold (NYSE:GOLD) which may be sending investors fleeing towards protectionist currencies right now; this has made even more attractive an investment into stocks like SSR Mining because at that current price, its almost guaranteed there’s going to be greater fools buying up your assets for a higher price eventually within the timeframe you plan on holding them for so long as you don’t sell them first.
Clifton Robbins (General Motors Co.): With so many companies laying off workers because of the market turmoil, it is no surprise to see General Motors co. on this list! They’ve laid off so many people over the past while and are still in survival mode! But just like any other company that has survived that long, you should buy up their stocks while they’re super discounted — not that GM will ever be what it used to be though.
Firdaus Kharas (Suntech Power Holdings): Suntech Power Holdings was once one of the biggest solar cell manufacturers, but things have been going downhill for them since 2011 when a US tariff slapped a price penalty on their goods! Their stock price went through a very noticeable drop as the rest of the year trudged on, and now is a great time to buy these discounted shares!
Rajesh Tamboli (Citigroup Inc.): I still think Citigroup inc. is a risky stock to be investing in after their past scandals with mortgage laundering and being fined for creating faulty mortgages — but it’s all about risk vs reward here. The potential gains from Citigroup could be very big if they start turning things around, or you can lose out if they continue with this downward spiral of bad news coming from their company.
Sebastian Boyd (General Electric Co.): General Electric has been doing poorly since 2014 due to various reports coming out linking them to faulty medical equipment that was leading to more and more people dying on them; this caused a large drop in their stock price like what we’ve seen from Citigroup. But General Electric is also an innovator — they’re one of the biggest companies creating technology for locomotives, jet engines, power plants and other similar technologies that investors don’t want to invest in right now because it’s all too uncertain where they stand with future profits.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.