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Away but should you.
Should you be buying.
Summer stocks right now lets us Brian theory -- co portfolio manager of the Hennessy funds joining us in a Fox Business exclusive from Nevada California.
Summer starts now what is the thinking behind this.
We're looking at this market is really an undervalued opportunities so it's not just today but it's every time that we get these -- that look like.
There's some great opportunities and you know among those are or are companies like Microsoft which is coming out with a a full suite of new products including.
-- offense and server products and of course the much awaited windows eight.
And we look at let that company right now is a reasonable valuation and a great time to pick it up -- when people may not be you know looking forward until.
-- their earnings to mount a couple months and I I think it's a great opportunity.
Then of course making some moves with Barnes & Noble yesterday making that big announcement but.
You know what we say summer -- some people might be thinking oh Poole stocks and things that actually means summer but you're essence saying that the eastern names.
That could really be poised to move to the upside of regardless of what they do and that brings us -- -- second one that's TJ Maxx or retailer.
We we love the consumer discretionary are we really do in TJX has been doing a fantastic job.
You know we look at the consumer is -- kind of taking an avenue where they want to get the same quality retail products.
But they don't want to pay full price form and brands like marshals of -- doing extremely well.
And we we think that now's a great time with the warm weather and and people feeling a little more confident about the economy that they're gonna keep continuing -- And when it comes to us sort of a higher price point you say Nordstrom is the pick there -- Love the same store sales they keep knocking the numbers out of the park.
They keep they keep growing their their main business as well as Iraq business.
Multiples and we've we really liked the -- Yeah and their online issue company is amazing I -- -- -- on line for Nordstrom dot com okay nobody cares these.
Chevron let's get to Chevron why is this one poised to do really well through the summer months in your opinion.
You know I think that.
Even if oil stays in this relative -- has been in you know Chevron's been doing fantastic you're getting a -- there -- really reasonable he.
They're paying a 3.3 percent dividend so you're really getting a 50%.
You know mark up over what -- -- your government is.
And so basically they're paying to have this stock and only underlines -- if you hold it for ten years we certainly envision it being higher than it is here.
Try and it's advice that people would do well to listen to because you want to be ahead of the game and certainly going into summer.
These may be the ones that do well at least that's what you say good to see Brian thank you for being here things.
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