Best Income Stocks to Buy for February 23rd

Cameron Dawson, Chief Investment Officer at NewEdge Wealth, discusses the market reaction to the prospect of a prolonged war in the Middle East. The war in the Middle East sparked fresh turmoil in global markets as oil smashed through $100 a barrel, spurring losses in stocks and bonds.

Silver has broken out of a decade-long channel, surging from $35 to $120 in six months, yet silver miners have lagged the metal’s performance. Despite FCF margins near 50% for silver miners at current prices, investor skepticism about the sustainability of high silver prices has kept valuations depressed. I like to focus on producers, near-term producers, and late-stage developers with scalable production potential, advocating broad, low-allocation exposure to mitigate mining-specific risks.

Dutch Bros and Deckers Outdoor are two growing consumer brands with share prices down around 40% or more from their highs. Dutch Bros is steadily expanding its drive-thru beverage shops across the U.S. Deckers sees “untapped” growth potential for Hoka footwear in international markets.