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The U.S. stock market has now split into the ‘haves’ and ‘have nots’
Tom Plumb, who runs the Plumb Balanced Fund, says instead that the market is “bifurcated” into “haves” and “have nots.” The “haves” are companies that “generate tremendous free cash flow with recurring revenue streams,” he said.
https://finance.yahoo.com/m/5b46056.../the-u.s.-stock-market-has-now.html?.tsrc=rss
Tom Plumb, who runs the Plumb Balanced Fund, says instead that the market is “bifurcated” into “haves” and “have nots.” The “haves” are companies that “generate tremendous free cash flow with recurring revenue streams,” he said.
https://finance.yahoo.com/m/5b46056.../the-u.s.-stock-market-has-now.html?.tsrc=rss