The best investing stories of June: Interviews with accurate analysts — real estate wizardry — world class stock-pickers
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Joe Ciolli
Jul 8, 2020, 03:04 IST
Ruobing Su/Business Insider
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Dear Readers,
When June drew to a close, the confetti flew on the stock market's best quarter in decades. The Dow's 18% surge was its biggest since 1987, while the S&P 500's 20% return was the best since 1998.
But to many market observers, it didn't feel like there was a whole lot to celebrate. Looking just at the month of June, both indexes had ticked less than 2% higher — a far cry from the torrid rally traders enjoyed in April and into May.
It was a situation where the modest gains masked the conflicting crosscurrents lurking under the market's placid surface. Investors found themselves simultaneously grappling with negative reports of spiking coronavirus cases and overwhelmingly positiveeconomic data, which has started to reflect reopening efforts.
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It's created quite the catch-22 for investors: Should they react favorably to the economic rebound? Or should they brace for a possible second wave of business lockdowns, brought about by the very reopening plans that have revitalized the economy?
See below for our best stories of June, including a wide array of recommendations, strategies, and tips for navigating uncertainty. Thanks for reading!
-- Joe
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Business Insider spent weeks talking to stock analysts across Wall Street — and not just in popular sectors like tech and retail. The team canvassed all 11 main S&P 500 industries and ultimately secured recommendations and forward outlooks from the highest-ranked analysts in each.
The four successful real-estate investors Business Insider profiled in June have one main attribute in common: a distaste for the common 9-to-5 job. But their origin stories differ.
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One of them jumped right in, while two other entrants started small, with just a handful of properties. The fourth individual made a costly mistake on his first deal that could've derailed his entire career. Instead, he learned from it and fine-tuned a winning approach.
Their respective strategies are outlined in the stories below.
If you've followed the best stock-pickers on Wall Street for any length of time, chances are you've heard of Dennis Lynch. The Morgan Stanley Investment Management superstar has absolutely demolished his peers for years, overseeing portfolios of growth stocks that are constantly changing but always dominating.
And then there's Kristian Heugh, who runs an international fund at MSIM, and is the No. 1-ranked fund manager on a global basis. In a set of exclusive interviews, they shared their tricks of the trade, as well as some investments you can make right now.
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