3 Stocks I Bought This Week
I had been toying with the idea of selling one of the stocks in my portfolio for some time and ended up finally pulling the trigger on Monday. The company had slowing growth and I saw a few red flags, and ultimately decided to move on.
However, with so many exciting opportunities in the stock market right now, the cash didn't sit in my brokerage account for long. I decided to take the sale proceeds and add to three of my highest-conviction stock positions.
It's no secret that the auto industry has been facing supply chain issues for a while now, and we're just starting to see demand for new cars cool off as prices soar and recession fears persist. General Motors' (NYSE: GM) stock price has fallen considerably as a result.
Source Fool.com
