Yesterday's session gave us all something to be thankful for: The Dow crossing the 30,000 mark.
While that's mainly of psychological significance, it's a good thing that the Dow held above the 30,000 mark at the close. As I write this though, Dow futures are below 30,000 once again.
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INFY
I can't help shaking the feeling that the markets are going to experience some volatility the closer we to the election. If that happens, a lot of great stocks, with very little exposure to the outcome of the elections, could see a quick sell-off that's going to take momentum traders by surprise, but we're going to use it to our advantage and target companies that have been effectively put on sale by a pullback.
One of my favorite candidates is Infosys Ltd. (NYSE:INFY).
Founded in 1981, and headquartered in Bengaluru, India, the company provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally.
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