Markets have hinted at a sector rotation out of high-momentum stocks. High-flyers such as Tesla, Nvidia, and Square have been among the top investments over the past year. Eric Marshall, President and Director of Research for Hodges Capital Management stopped by Cheddar to discuss whether tech stocks can continue their run higher into 2018.
Marshall says he is encouraged by indications that there may be a shift to more value-oriented segments of the market. His firm is particularly optimistic for consumer-related names and transports. Marshall sees a rotation out of momentum stocks as healthy for markets, which he says keeps equity valuations in check.
Marshall also spots a turnaround for American Eagle. He says his firm likes retail at these levels because they are under-owned. Marshall adds that some retail stocks have been "thrown out with the bathwater," and thinks the adoption of e-commerce and the shutting down of stores could revive the company.
Chris Versace of Tematica Research LLC shares his thoughts on Jerome Powell's latest comments, the timing of those crucial rate cuts, and what semiconductor stocks he's watching closely.
We battle an onslaught of advertising every time we scroll through social media. Deinfluencers propose a less pricey, more honest approach to how we shop online. Could they convince us to spend less?
Scott Gutz, CEO of Monster.com breaks down the company’s Work Watch Report for 2024, including what’s motivating workers to look for new positions and why they should see A.I. as an opportunity.
Tom Graff, Chief Investment Officer, Facet, discusses what the latest jobs report says about this ‘pretty good’ labor market and why the market should worry less about the Fed’s next decision.
Universal Music Group, which represents artists including Taylor Swift, Drake, and Ariana Grande, has removed its music from TikTok and accused the app of bullying and intimidation.
The average rate on a 30-year mortgage fell 0.06% last week. Although the rate is much higher than it was two years ago, the decline could relieve buyers already dealing with low inventory and high prices.
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
