Stock Club

Why Has The Nasdaq Recovered So Well?

May 15, 2020

Since its March lows, the Nasdaq Composite has recovered much better than both the S&P 500 and the Dow Jones — now sitting just a few percentage points off its all-time highs. Why has this tech-heavy index bounced back so well and is there a danger of another sell-off?

In this episode, we also discuss:

  • Warren Buffett and Berkshire Hathaway getting rid of airline stock.
  • How good Peloton is looking as an investment at the minute.
  • The dangers of investing in pharmaceutical companies like Gilead Sciences.

Don't forget to listen to the latest episode of the Stock of the Month podcast either, available exclusively in MyWallSt now — https://link.mywallst.app/iC0nEKfFv6 

MyWallSt operates a full disclosure policy. MyWallSt staff may hold long positions in some of the companies mentioned in this podcast.

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