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Moonroof
03/23/20 8:55:31 PM
#273:


I consulted with someone in the finance industry:

Ok.... I went over evri, fang ... my thoughts:
Evri and the rest of the gaming industry are totally dependent on consumer spending. That will recover but certainly not in the short term. The company has 1 billion in debt and needs cash flow to pay it it off. It's a speculative play so I would not recommend it.
Fang is in the energy field which has totally cratered. While that sector is likely to recover , it will not do so short to medium term for sure. There is still a oil price war going on between Saudi Arabia and Russia. Also many companies have suspended drilling in the Permian basin where this company operates. Again, another speculative investment I'd stay away from.

If you want to buy individual stocks likely to recover here are three:
Exc--- excel in produces nuclear power, pays a dividend and will certainly recover... it is A good buy at the current price.

PRU and MET... both are insurance companies. They have been hammered due to low interest rates and the fact that they have to pay out claims as needed. They are solid companies and will also recover.
These three companies are solid and will recover. No one knows the future... my suggestion is for you guys to do your own research.. If I had to invest... either of those companies would be on my list.
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