For Immediate Release
Chicago, IL – October 13, 2020 – Stocks in this week’s article are Matson, Inc. MATX, Rent-A-Center, Inc. RCII, Williams-Sonoma, Inc. WSM, RPM International Inc. RPM and Group 1 Automotive, Inc. GPI.
The 5 Best Stocks to Buy on Relative Price Strength
The novel coronavirus outbreak triggered an unprecedented sell-off in equities and bonds. Stocks were clobbered and major indices crashed regularly, while in a bizarre turn of events, the U.S. oil futures hit negative territory.
However, over the past few months, markets, securities and crude have rebounded off their pandemic lows. Restrictions have been loosened and the economy has reopened, with activity limping back toward normalcy. Meanwhile, certain drug candidates and treatments offer a ray of hope in the coronavirus fight.
While the heaviest losses may be in the rear-view mirror, with the S&P 500 and the tech-heavy Nasdaq even attaining their all-time highs in September,