Opinions
Shannon Saccocia, CIO, Boston Private
Martin Marietta Materials
MLM-N
BUY
Feb 10, 2022
Inflation-protection trades: energy (and materials). Both cyclical sectors are positively correlated to inflation. She also likes Martin Marietta given its heavy business in residential and non-res construction and a tailwind from Dems and Republicans to fix bridges and ports during supply-chain issues. Financials: JPM she likes, though they had a disappointing recent earnings, they do have a multi-faceted business. For more cyclicals, consider EM, namely IEMG.
$391.950
Stock price when the opinion was issued
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Infrastructure Bill of late 2021 money is only trickling out now
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