Remember the 'Buy the Dip' Strategy? It's Still in Play for 2018

The "buy the dip strategy," a cornerstone of last year when there was little volatility, is still in play for 2018, according to Kate Warne, an investment strategist for Edward Jones.
Author:
Publish date:

The "buy the dip strategy," a cornerstone of last year when there was little volatility, is still in play for 2018, according to Kate Warne, an investment strategist for Edward Jones. 

Within the technology sector, which has acted as a safe haven for investors as of late amid trade war worries, Warne is fond of Microsoft (MSFT) - Get Report , which yields 1.7% and has risen 19% so far this year. Warne expects Microsoft's earnings to grow 10% per year over the next five years.

Microsoft is a holding of Jim Cramer's charitable trust. 

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!