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Speaking of -- last time David joy was on our show seeming to stocks and the -- particular that have both jumped through the roof.
Shares of five certain.
And and -- are both up more than 20%.
To guess what.
We've got his new stock picks one of them is hitting a brand new high today let's bring a man David joy -- their press financial chief market strategist 680 plus billion in assets under management.
I'd love to go back to Pfizer and say how did you know I mean it's a great dividend paying stock but everybody says oh it's it's old school it's it's -- Dow component boring and here it is 20% up.
Not boring at all since -- No you know I think this is.
Not typical of the nature of this market if you think about what's happened -- today it's been these defensive categories have led the way.
Big dividend payers health care is the best performing sector.
In the market gonna take you wouldn't think that with this bull market but it looks like people want to be in but only with one foot and so far as -- fits the bill gets some in the market but -- -- -- -- -- you know.
Before we get to David's hopefully 20% picks over the next couple of -- some making you wait right.
Here's what you don't have to wait for we always have this -- that with each other right and our -- -- for the end of 2012 was where the S&P 500 would end.
You said this is amazing to -- -- 1420.
You were -- All spread on the but it ended a 1426.
I'm still loser I was way more optimistic -- fifteen posted a good guess and so you won I was down five cents total rip off.
But we're doing and that's one and it's -- the S&P and -- -- -- -- -- -- I think unchanged from Q1 so -- looking at 1562.
I think on Friday something like -- I still like this market but I think it's run up a little bit too fast.
And I think the economy slows down a little bit the second quarter.
And that makes people a little bit nervous and so we kind of tread water for awhile.
Because you took my nickel the last time I had to borrow this from our Booker Tim rose OK I have to Bora this once so why I covered myself I brought so that you're afraid I would -- to the treasurer of that 1566.
Is mine -- is not.
I write I could stay with the price is right there close about -- I.
Still -- more optimistic are so rosy picture new names and before we put them up OK everybody market.
Why pick the best name and by the way we put up this list for our viewers and I love your first one because it's not the usual tactic -- and management make sure they're strong.
This first guidance and issue was really interesting to me and let's put up the list and talk about how you pick -- name.
Okay well I think first of all.
You want to be in a good business.
You want to have growing target market.
You want to be.
Where revenues are going to grow and if you -- -- -- good management.
And maintain our expense discipline.
You know when you're way ahead of the game now your names that you like right now well.
Restored the two that I mentioned the last -- -- -- can bridge and I still like Pfizer.
Obviously Pfizer for the dividend but then bridges and a growing.
Business submit fits the bill of that criteria we just talked about energy -- whole infrastructure build out in North America is in its early stages and in their -- -- pipeline company.
Very well positioned so -- new names are well like Goldman Sachs in the financial space that Goldman's trading at about ten -- eleven times earnings.
Very well managed company their business is improving incrementally capital markets activity.
That's one Verizon another one that's the one hitting a fifty -- I think you know -- -- -- Four point 2% dividend yields.
And and a very solid business and their leader.
Especially in the wireless space.
And and third place.
In addition Qualcomm.
-- -- -- leader in this space fifteen times earnings decent dividend yield.
But you know big -- entry.
We're gonna put David's picks up and our target numbers and water anyway ought not your target numbers for the isn't the end of Q2 FaceBook dot com slash was claimant David good to see you.
We will leave the nickel in the hands of Jim Rose for a hooker thing so -- and as a senior -- with the bear prize okay.
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