Invest in These Two ‘Best-in-Class’ Stocks During the Dip, Says Strategist Jay Woods

Market Insights: Key Opportunities in Amazon, Goldman Sachs, and Exxon Mobil

In the world of investing, timing can be everything. Recent market fluctuations may present unique opportunities for savvy investors. At Extreme Investor Network, we believe that understanding market trends and capitalizing on the right moments can lead to significant financial rewards. In a recent appearance on CNBC’s "Power Lunch," Jay Woods, chief global strategist at Freedom Capital Markets, shed light on pivotal movements in some of the market’s heavyweights: Amazon, Goldman Sachs, and Exxon Mobil. Let’s break down his insights, along with our perspective on why these stocks could be smart picks moving forward.

Amazon: A Golden Entry Point?

Amazon’s stock took a hit recently, experiencing a near 4% drop in one day and tallying a weekly loss of 5.5%. This downturn, largely induced by broader concerns over tariffs and trade relations, could be the moment investors have been waiting for. Although Amazon has slid nearly 9% year-to-date, it has still achieved a commendable 16% rise over the past twelve months. What’s more, it remains above its 200-day moving average of around $200, a critical price point that technical analysts often watch closely.

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Woods noted, "I want to put money to work here," and he advises investors to consider this as an opportune moment to enter positions in Amazon. Here at Extreme Investor Network, we echo his sentiments. With the holiday season approaching—historically a lucrative time for e-commerce—Amazon’s foundational strengths suggest that any price corrections could provide a favorable entry for long-term gains.

Goldman Sachs: A Long-Term Play

Goldman Sachs also saw a significant drop of over 4% recently, continuing its decline to a shocking 14% over the past month. However, the bank remains a solid player, sustaining a whopping 46% increase over the past year, illustrating its long-term viability. Woods emphasized that the current environment is ripe for Mergers and Acquisitions (M&A), which could potentially ignite a resurgence for Goldman Sachs in the coming months.

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While short-term noise around tariffs might distract some investors, we believe that this is a prime moment to consider buying Goldman Sachs. The current market conditions do not diminish the bank’s fundamentals; they provide an ideal context for new entries into a stock with a proven track record of resilience and adaptability.

Exxon Mobil: The Energy Play

Exxon Mobil, on the other hand, turned a corner with a modest gain of 2.1% amid fluctuating oil prices. Woods pointed out the importance of maintaining positions above the $102-$103 range to manage risk effectively. As a well-established player in the energy sector, Exxon offers investors not just stability but also potential growth, especially if oil prices recover.

Despite experiencing a dip of over 5% in the last three months, the sentiment surrounding oil is shifting, and there could be potential upside. For investors operating on a longer timeline, we recommend keeping a keen eye on Exxon at the around $107 range, as a break above $112 could set the stage for a leap towards $120.

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Final Thoughts: Seizing the Moment

The investing landscape is dynamic, and while pullbacks can induce anxiety among investors, they can also create strategic buying opportunities. At Extreme Investor Network, we advocate for a well-researched approach that allows investors to capitalize on market fluctuations.

When considering stocks like Amazon, Goldman Sachs, and Exxon Mobil, it’s crucial to integrate your insights with underlying market trends, sector strength, and potential for future growth. As always, we encourage investors to conduct their research and remain informed, but we are confident that there are compelling investment opportunities available today.

For ongoing insights, tools, and expert analysis, stay tuned to our updates here at Extreme Investor Network, where your investment journey is our priority.