American Express (Amex) is being closely watched as a potential buy, expected to rebound quickly after an initial hit during a recession due to its strong brand and spending power.
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These Undervalued Stocks Will 3X
The creator discusses five stocks on their watchlist, focusing on those they are currently buying and their potential performance during a global recession. The stocks covered are eToro, Meta, LVMH, On Running, and American Express (Amex), with detailed financial analysis and forward-looking statements for each.
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Tickers discussed in this post
On Running is a buy, with strong revenue and profit growth despite recent stock underperformance, and is expected to remain resilient due to its premium positioning.
Meta is a buy, showing strong revenue and net income growth driven by AI investments, making it resilient even in a recession.
eToro is a buy due to its undervaluation and announced buyback scheme, despite potential cyclical risks during a recession.