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I -- mouthful to pick David dates back with us now David.
You like large cap tech stocks to have you picks -- -- Intel and Cisco hitting new 52 week highs today while apple hitting yet another all time high and -- just goes on and on.
Are you worried that these stocks are little perhaps overbought -- could be set for political pull back or not well -- -- certain.
That's the case coming down about a 50% run up in just three months and you when you back got that -- -- -- very cheap stock about ten PE of course they just.
-- announced their new dividend initiation but nevertheless when you're betting on the company which has the latest hottest tech gadget.
So it's a little worrisome because you know that a few years from now it's gonna be something different.
Nevertheless the the other ones we would highlight Intel 30% yield eleven PE superbly managed by Paul Otellini -- just ranked in the top thirty CEO it by -- magazine this week.
We're -- the highest category by value -- for stability and in and safety we think that's a great.
-- like in the -- to -- even -- down you know 43% year over year.
-- 8% in the past month but you still sticking with them -- you know.
Is the largest tech company in the world as measured by revenues about a 125 in revenue -- five billion revenues only 46 billion market cap.
They've brought in the new CEO equipment -- -- behind her she knows which is doing.
And I mean you know I think she's doing -- -- cost cutting moves consolidating that computer printing.
Should journal report dollars it's a good long term -- You also like European equities -- global exposure in particular Novartis and Telefonica.
-- I mean.
You know European stocks have been trashed because the location but those who have a a lot of business outside the cuts I think make a lot of sense.
Novartis is one of our top picks I -- is trading like drops -- pharma.
Stock with about ten PE almost 4% dividend yield however several -- divisions are non -- -- for example.
You've got your consumer products Gerber baby food yep you've got there -- I division it paid over twenty times earnings for that just a year ago now you can get as part of packaged content on -- earnings and finally solid dividend play is finds out yet it was up 28% last year I think there's a lot more room to grow.
And I think the catalyst may be the separation of their animal and vaccine divisions.
From the rest of the company those will attract a much higher multiple I think the -- financial engineering that some of the parts could be worth more than the -- are you bullish overall on the market it would the end of a bull market run it's cycle read the beginning of another there's a debate -- of that.
Yeah I mean you know longer term I think the fact that you've got such a low PE in the market around fourteen times vs just that 2% ten year treasury I think longer term the stock to the place to be nevertheless we're mindful of the fact there were up over 30% since October 4 it's not going to be a straight line available more volatility.
Stay away from those bombs -- -- -- thank you so much with that -- view wealth management thank you so much David for being with us the entire hour.
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