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Over the last four decades, a recession has been defined as two quarters or more of negative growth. Apparently, it's not so straightforward anymore.
The safe route is to buy shares, collect the generous dividends and reap the rewards when valuations revert back to normal.
These recently downgraded names are displaying both quantitative and technical deterioration.
LCID's market cap has been deflated, so is it now a bargain, or can it slip further?