Aug. 19 at 8:46 PM
$FLO $NWL $WEN $DCGO
Why these top-4 bottom-feeding picks? Because, "All Wars Must End" as one of several reasons. FLO = food/bread, NWL = Consumer Goods, plastic/oil-based items, Wendy's = Fast Food w/a buyout pending announcement, DCGO = future of Virtual/On-site Healthcare. All are Oil Sensitive. Food is Fertilizer Sensitive (derived from Oil). You may think it's Iran only, but Ukraine and Russia are among the top grain-producing countries (esp Wheat and Rye). Look at Wheat Commodity price action in Feb 2022 at start of Ukraine war. See that spike/plateau? Inverse is likely. Transportation costs matter for all of these. DocGo's Remote/On-Site care w/ Ambulatory Service is Oil sensitive for Margins (Ambulances = gas hogs). All are high(er) risk stocks to invest in now. Wendy's has run up, not at the bottom, but buyout announcement is rumored to be imminent. NWL and FLO bouncing off bottom. DCGO is highest risk of the group; beaten down, oversold, bottom TBD.
