Also in this playlist...
This transcript is automatically generated
Breaking records left and right in the first quarter and our next guest says a Q2 we should start to fully truly separate the men.
For the boys and it comes to stocks Robert -- -- capital CEO and chief investment officer is joining me right now.
Hi Robert we were -- -- and it's chart there of being out vs the S&P you know consumer staples really led the way this past quarter that sector.
More than 13%.
-- -- still buying into it.
Yet you know consumer staples -- I think -- the really the big surprise and that's what helped drive the indexes to the level that -- -- right now.
You know but -- where you look at what you said show we're looking where the men are going to be separated from the boys here.
And we think they're saying -- it's a market of stocks necessarily not a stock market is what you have to look at here.
You look at stocks like General Mills Procter & Gamble Pepsi at 1415%.
I just don't think that's sustainable going forward and the valuations on those names right now are just way -- -- So those other names we think investors should be taking profits on right now and look don't move into some of the under performers going into QQ.
He did you look at some of the big names that actually.
One of the first quarter as the kind of look right -- the Dow the S&P and how they've done -- the last three months you look at kind of the names that have.
Been that would as you mentioned PepsiCo Francis is consumer staple names you also have to talk about a company.
Like Hewlett-Packard that again one of the big winners and the first quarter so you've got technology -- kind of popping out there what happened there why.
Are -- into a company like Hewlett-Packard in the first quarter of 2013.
HP -- the proverbial dog in the -- play here in the stock significantly underperformed is down about 50% last year.
As we saw the S&P rise.
And you had a lot of shorts in the name but now I think people are starting to take a look at Meg Whitman and what she's doing to make a turnaround of the company there.
And it's just a traditional short squeeze as well.
I'm so this is a name that we've been some long some calls on thinking that -- got.
Just wait you oversold last year.
But again this is an and we see some resistance right and about 25 about 10% above where it's -- right now.
Probably not a name if you're not an already that you don't wanna look to jump into at this point.
No there's also some other consumer names that I know were big but what -- taking a look at best -- right now we're looking at the three month chart especially this last four weeks.
Best buy it what an amazing run up at this company really has had not only invests -- also Bed, Bath & Beyond to be -- of the two names that have really been.
Big performers your -- -- these guys right now.
Well we don't like best buy best buys a stock that we actually would be more inclined to short at this point if forget -- do that though.
Based off in the short interest that's out there right now -- probably doing that you put options -- actual shorting the equity but Bed, Bath & Beyond you know here's to retailers -- best buy a model that we think has broken is basically just become a show room for the online retailers like Amazon.
But if you look at best -- Bed, Bath & Beyond this is a company that's got zero debt just acquired cost plus last year for about 490 million.
In cash which we think it's gonna be accretive to earnings this year a very diversified unique retailer that's being value added.
Programs to BI investor out there and they're hitting on all cylinders this is a stock that's trading at twelve times -- -- earnings so that's you know prime example of -- retailers.
One that we think he should be selling -- one that you think should we should be buying right now are.
Are you also are looking at names that are emerging market plays in -- looking basically for companies that are US multinationals that have that.
Emerging market it you know exposure and that's pregnant with her -- before but also -- -- at the emerging markets space is somewhere that we need to be paying attention to them.
Yet again looking into the second quarter you know I I don't think -- I'm -- here right now at 10% for the first quarter.
Nobody's predicting a 40% annualized -- -- so to see some type of pull back here would make sense so what you wanna do is look at the names sectors ideas that are.
Lagging the overall market that we think and play catch up and emerging markets have definitely done that they have -- performed.
But -- the fray in the and the emerging markets themselves we really like the front -- markets these are the smaller countries in Latin America or Asia Africa that are actually doing well.
Year to -- we sleeping there's a lot of catch up to be played there rob.
I wanted to keep go to -- I've got some breaking news a need to bring to our viewers right now -- Internet thank you very.
We're getting some more breaking news on the SEC capital story.
Filter by section