BUYING FUNDAMENTAL STOCKS NOW.

Yes fundamental stocks will do you good in this season, but how fundamental are the fundamental stocks we used to know? Until banks will start to fold here will we see the type of mess we have gotten into. What I am saying is that buying the fundamental stocks is not even a guarantee in this uncertain times, reasons, the stock you think will pay dividends as usual may not pay this year because of losses incured by this crisis, the ripple effect will be companies that will be denied funding because the banks are less inclined to loan, owing to exposures that are still not covered.

Moreover, many companies will feel less inclined to release cash to pay dividends now, knowing it may mean the difference between folding up and staying afloat, especially as the troubled banks hold on tighter to their cash. The debacle goes on, lets see how tomorrow will look like, because there might be some positives from this disclosure from the CBN Governor.