CIO & Founder, Capital Wealth Planning at Capital Wealth Planning
Member since: Jun '23 · 108 Opinions
We have to continue to expect this volatility for 3 years, and at least into the summer. You can play this volatility by buying the dips and selling calls. Hold Apple. It won't skyrocket in the next few days. He's more worried about chatGPT's next generation building hardware that surpasses the iPhone.
He bought more CAT. It's a stealthy play in the data centre space where CAT does the heavy construction. This trades at only 17x PE, a 25% discount to John Deere, historically wide. Pays a 2% dividend and has lots of free cash flow.