U.S. Markets closed

Stocks Sell Off on Trade War News & FANG Review and Outlook | Free Lunch

Ryan McQueeney
Is (PSEC) Outperforming Other Finance Stocks This Year?

On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney discusses today’s stock selloff and recaps the latest news in President Trump’s ongoing trade saga with China. Later, the host checks in on the performance of the FANG group, focusing on the remarkable run of Netflix NFLX and Facebook FB over the past few months.

Want more video content from Zacks? Subscribe to Zacks Investment News now!

Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.

U.S. stocks moved sharply lower on Monday morning after fresh reports from the weekend suggested President Trump is ready to escalate his trade war with China even further.

The Wall Street Journal reported Sunday that Trump plans to block Chinese companies from making investments in American tech and wants to bar additional tech exports to China. This follows last week’s news that the president asked trade reps to draft a list of additional Chinese goods worth up to $200 billion to impose tariffs on.

Ryan highlights this news and explains how it is having an effect on American companies like Harley Davidson HOG on the first half of today’s show.

Later, Ryan digs into the FANG stocks—Facebook, Amazon AMZN, Netflix, and Google GOOGL—to see how the group has performed in recent months. Interestingly, he finds that Netflix and Facebook have significantly outperformed their pairs recently, so he takes a closer look at these stocks.

Make sure to check out the show to hear Ryan’s thoughts on why Netflix and Facebook have been leading the FANG group recently and what he thinks investors should expect to see next!

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
Netflix, Inc. (NFLX) : Free Stock Analysis Report
Facebook, Inc. (FB) : Free Stock Analysis Report
Alphabet Inc. (GOOGL) : Free Stock Analysis Report
Harley-Davidson, Inc. (HOG) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research