For some reason, we have always been taught to try and buy low and sell high. While that might seem logical, it is a good way to miss out on buying some of the best stocks.
Powell did not mince his words, and he reiterated that the Fed will continue to tighten its monetary policies and interest rate hikes to calm the inflation in the US economy. =
With the holiday season coming up, investors may need to turn back to the retail juggernaut as the stock price could definitely be on the rise in the short-term future.
Its stock reached all time high on 2 September when it hit $358.66 per share. This, however, was only short lasting event even and the price dropped to $348.30 on the following day.