Tariff-Sensitive Stocks Apple and Nike Are Getting Clobbered. Time to Buy?
Tariffs are rattling markets and leading to spikes in volatility. Growth-focused sectors like technology and consumer discretionary are particularly vulnerable given their cyclicality and global exposure.Apple (NASDAQ: AAPL) and Nike (NYSE: NKE) are down over 20% year to date at the time of this writing, significantly underperforming the S&P 500 and Nasdaq Composite, which are also down significantly. Here's why both stocks are selling off and whether they are worth buying now.Continue reading
Tariffs are rattling markets and leading to spikes in volatility. Growth-focused sectors like technology and consumer discretionary are particularly vulnerable given their cyclicality and global exposure.
Apple (NASDAQ: AAPL) and Nike (NYSE: NKE) are down over 20% year to date at the time of this writing, significantly underperforming the S&P 500 and Nasdaq Composite, which are also down significantly. Here's why both stocks are selling off and whether they are worth buying now.
