With market volatility comes opportunity. Problem is, one man's trash can be another man's treasure. In the short video below, DailyFinance's Hutheesing and Burrows give their "thumbs-up, thumbs-down" views on three hot stocks: Tim Hortons (THI), Rio Tinto (RTP) and McAfee (MFE).
First up: Donut maker Tim Hortons (THI). The company was just named one of the world's hottest brands by Advertising Age. But is it a buy? The stock is up about 10% so far this year and while Tim Hortons is already huge in Canada, there is arguably plenty of growth potential in the U.S. Or will McDonalds (MCD), Starbucks (SBUX) and Burger King (BKC) leave Tim Hortons in the dust?
From donuts, Hutheesing and Burrows turn to mining company Rio Tinto (RTP), a stock that has been rebounding in recent days, but is still down about 7% year-to-date. Here is a company that could be considered a great way to play global growth, but then again, there doesn't seem to be much growth to talk about these days and worries over China's economy could put pressure on the stock down the road.
Next up, McAfee (MFE), the software security company. The stock took a nose dive in April and is now down nearly 20% for the year. It offers one of the most popular software security systems around for computers and while it has been growing at the expense of competitors such as Symantec (SYMC) it's not clear just how fast it can continue to grow. Thumbs up or thumbs down? Watch the video to find out.
Introduction to Preferred Shares
Learn the difference between preferred and common shares.View Course »