Best stocks to buy during war time.

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With Russia invading Ukraine, there is fair chance that stocks will fall due to fear and panic. Which stocks will you recommend during this period of uncertainty? Gold stocks or FNV? Do you have threshold for common stocks to buy example buy TD if it reaches below 95?

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Asked on January 23, 2022 7:13 pm
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Hey there,

We really don't advocate buying on short term movements relative to macro events. That being said, when these types of events do happen, look for thinks like oil & gas to potentially rise if there are disruptions to supply, gold as a safe haven against uncertainty and when it comes to war specifically, defense companies like our US Foundational pick LMT.

Those are the usual suspects that tend to do well in times of conflict. Once again however, we don't advocate buying only for this reason.

In terms of other stocks - we don't necessarily have price targets - if they are on our lists, then we are comfortable buying at today's prices. If ever we are not, then we will remove from our lists and indicated why.

Mat

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Posted by Mathieu Litalien
Answered on January 25, 2022 5:47 am
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OIl, European gas and the usual suspects if it comes to that

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Posted by Krispee
Answered on January 24, 2022 12:42 pm