While the coronavirus concerns are still high, stocks have recovered their footing, as China has taken steps to stimulate its economy and markets.
The Cabot Global Stocks Explorer portfolio is holding up well, though Luckin Coffee (LK) sold off hard and then sharply rebounded this week. Our emerging markets timer (EEM) is marginally positive, and in an uptrend in the last month.
Today’s recommendation is a leader in fintech with a great growth story, strong numbers and an attractive entry point.