A top 1% performing fund manager explains why history proves the S&P 500 will fall another 30% in the next 3-to-9 months — and shares 11 compelling stocks to buy

• James Abate’s flagship fund has beaten 99% of its competitors so far this year.
• He foresees the S&P 500 falling another 30% and bottoming within the next three to nine months.
• Abate shared 11 compelling stocks to buy to mitigate looming recessionary risks.

When portfolio manager James Abate suggested during a September 2020 interview with Bloomberg Radio that investors trim their positions in Apple and instead buy ExxonMobil stock, his idea was considered absurd at the time — especially since the latter had just been kicked out of the Dow Jones Industrial Average in favor of technology titan Salesforce.