TOP PICK
This is a defensive play. With 5G coming in, this should push revenues and earnings higher. He likes the telecom sector in a late economic cycle. Yield = 4.07% (Analysts’ price target is $59.67)
TOP PICK
This is a contrarian pick for him. The health care sector was the leading sector in 2018. So far this year, it is the worst performing sector. This is because of political policies that effect current business models. There is greater political scrutiny that may be coming. He likes the defensive property of this sector. expense ratio = 0.1%