“Market Crash Protection: 3 Defensive Stocks”
September 5, 2020
“Territorial Bancorp (TBNK)…
Compass Point analyst Laurie Hunsicker makes TBNK her top pick, rating the stock a Buy and giving it a $30 price target that suggests a robust 40% upside potential. (To watch Hunsicker’s track record, click here)…
America’s Car-Mart (CRMT)…
With economic pressure on consumers increasing, used vehicles have seen an increase in popularity and sales… revenues have remained between $186 and $195 million, with the most recent quarter, the company’s fiscal Q1, showing $187 million. That same quarter saw earnings of $2.83, 91% above expectations…
Wesco International (WCC)…
While earnings fell in Q1, the Q2 results showed a quick return toward normal levels – and beat the forecast by 57.5%. Going forward, the Q3 prediction is for further gains. Revenues in the first half were stable, at about $2 billion in each quarter. Wells Fargo analyst Michael McGinn covers this stock, and he is impressed by Wesco’s recent business improvements…”
https://finance.yahoo.com/news/market-crash-protection-3-defensive-161721060.html