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What we're down right now the S&P 500 is up about 8% so far this you're still but -- markets sink this week.
Is that rally over and are we gonna erase what we already have -- for the past three years the first quarter has gotten -- -- just a great start three years in a row but then that.
Kinda loses it's momentum -- angle says to watch out history could repeat.
Itself why should -- it was a terrible she's with RBC wealth management.
She helps wealthy folks invest their money and you're doing well so we can tell the people like what you're doing so we need to hear from you but what why does what happens.
In the first quarter and what you're seeing now in the second quarter matter so much to the rest of the year so.
-- couple things are going on the persistent problem over the last couple of years 201011.
Is that we all tend to look at the economic data which was very robust sometimes in the last part of the year and into the first part of the year.
And assume that things had changed and that we were off to the races.
And then somewhere between February and April of each year.
We started to lose some momentum not a recession not a decline lose momentum in the economic indicators.
And then that the market.
Proceeding some disappointment -- quite frankly -- growth scare in the economy.
Has tended -- correct or top out in the month of April and -- some sort of near term pullback.
That in the last three years has either been two months or four months in duration ranging from a 10% pull back all the way up -- He's -- -- and it happened we had a growth scare for three or four years now and so I think it comes again this year and you think that happens but just at a certain point on the calendar.
Regardless why you're here is that you say could still -- -- -- let's just get to the names that you -- the last time you were here that have done absolutely beautifully health -- read an eighty.
Health -- read up about 19%.
Since she picked it ADP up 14%.
Pretty thick stock.
Well we look at a number different things we look at their dominance within their industry we look at their balance sheets we look at their management team.
We look at their ability to drive earnings.
We look at technical.
Actors as well OK so all of those things help you make the right picks and speaking of -- Yeah do what is right out so get your pencils -- this is important or hurt your iPad note -- thing that.
-- you know with the kids today has turned against Farina was calling them like to use.
Okay let's get to some of your -- -- he's got some interesting ones number one Harley-Davidson.
I mean if we have a growth scare spending this much money on these expensive item.
Oh let's not kid ourselves baby boomers are spending money on Harley-Davidson.
It's springtime doesn't -- everyone wanna -- up for motorcycle ride.
It's -- 110.
Anniversary of Harley-Davidson.
They will roll out some signature things for this period.
They have a nice trajectory of growth of earnings the stock -- been stuck in the trading range of somewhere between fifty and 55.
Revenue should be up 10% this year operating margins are doing well they're expensive that America's everything's done in the US correct.
It's not a bad thing though they are expensive to make people -- -- -- premium people will pay the premium for the product that they love the product that they think they deserve and and the product that they want to ride -- -- -- your next pick ignored stroke back at listen at 2.2 percent dividend is nothing to sneeze at for this name but why do you feel that it's a company that will do well in a sort of tentative time for the consumer so let's let's look at the consumer so that splits consumers certainly bifurcated in terms of their ability dispense -- the higher end.
Consumption patterns in the US have remained fairly.
Purely solid so that's a good thing and that's a part of the market that Nordstrom has tended to be.
But they also have is they're now looking at their rap format which is a 117 stores there -- now also trying to appeal to a younger demographic with a store within -- store concept.
Fifteen times earnings 2.2 percent dividend yield is just a solid story.
I've heard that store within a store concept -- somewhere.
Quickly chemical and I love this idea because it's about uranium and uranium cost 42 dollars a pound right now but it only -- these guys.
Twenty bucks or -- to pull it out of the ground.
They are the best company the biggest miner the best balance sheet and here's the deal supply.
Is constrained it's not only the fact that.
It's very expensive to -- you -- if you're not chemical it's seventy dollars.
Propellant in addition to that the from the bailout from the Soviet perspective -- -- up a winding down on the didn't decommissioning of arms so there is -- supply constraints.
And by the way to -- and it's coming back on stream -- -- -- On that one -- will put all of Janet picks on the web -- on the FaceBook dot com slash Liz claimant page thank you so much pleasure Janet angles of RTC okay.
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