Market sell-off laying groundwork for 'tremendous opportunities,' Prudential Financial predicts [CNBC]
Prudential Financial, Inc. (PRU)
Last prudential financial, inc. earnings: 2/4 04:18 pm
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Source: CNBC
Prudential Financial's Quincy Krosby has advice for investors: Let the stock market volatility work for you. She's confident the market's wild swings will ultimately subside and generate strong upside. If the sell-off continues and it deepens, it's going to provide tremendous opportunities as the market settles down, the firm's chief market strategist said Monday on CNBC's Trading Nation . Stocks fell sharply Tuesday morning and the major indexes turned negative for the year . Krosby isn't ruling out a retest of October's lows because of the uncertainty surrounding the market when it comes to Federal Reserve policy, the U.S.-China trade war and global growth jitters. If you have to go into the market now, we suggest you go into the defensive names, she said, highlighting health care, consumer staples and utilities. Her thoughts came as the major indexes kicked off another the week in sell-off mode. The tech-heavy Nasdaq slipped deeper into correction territ
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PRU
Earnings
- 2/6/24 - Miss
PRU
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEF
- PRU's page on the SEC website