Latest Stock Buy or Sell?

Given hot inflation and retail sales today beat, he believes the Fed will hike rates by 75 points this month and September then step back to see how the economy is doing.

They just came off their largest Prime Day ever. From mid-June on, tech has moved up after being largely oversold. Amazon is among "quality tech" stocks. Supply chain constraints have eased a bit. Is still positive.

Blackrock is the largest asset manager in the world, so it must fall with the S&P. They just reported misses on EPS and revenues, but inflows were up this quarter. As we move through this cycle, Blackrock could be good to own.

PNC has seen steady loan growth, up 18% YOY and 6% QOQ. The regional banks will fare better than the bigger nationals.

Healthcare is his biggest sector. HC is seeing the classic shift to defensives as inflation peaks. Also, HC trades at only 18x while utilities and staples trade at 21x, so it's the cheapest defensive. He owns Pfizer, UNH and Regeneron.

Healthcare is his biggest sector. HC is seeing the classic shift to defensives as inflation peaks. Also, HC trades at only 18x while utilities and staples trade at 21x, so it's the cheapest defensive. He owns Pfizer, UNH and Regeneron. UNH's revenue and EPS beat recently. Healthcare has so many tailwinds, including again demographics. He likes preventative healthcare and UNH's position here. HC is fine in the late cycle. There's still to the upside here.

Healthcare is his biggest sector. HC is seeing the classic shift to defensives as inflation peaks. Also, HC trades at only 18x while utilities and staples trade at 21x, so it's the cheapest defensive. He owns Pfizer, UNH and Regeneron.