Also in this playlist...
This transcript is automatically generated
Initiated ready for some hot summer stocks.
Well our next guest has more than 25 years of investment experience Jordan cannot -- -- strategist for T three live dot com.
And now this market outlook and some -- welcome -- Jordan great to be reviewed again all right so stocks obviously languishing here for many weeks -- the next bullish catalyst you think.
We -- I think that's what you're talking about here's some sort of jobs program some sort of initiative understand we go our.
-- into this presidential cycle where the news sports to get better maybe even if it is and look for all of a sudden some news time.
More jobs may be a catalyst of jobs program or something but you have to remember to the market doubled off the -- I'm -- -- And so we've already had I think seven.
Pullbacks are -- this being the eighth each time we -- -- new hi I would not write this market also fast but clearly.
The leadership in the excitement from the tech sector is gone right now and you have to kind of look other places indeed be more selective.
How about -- what you want a government run jobs Phil -- no I don't I'd go hang on you for clarify now did you express connect America the fact is I think what you have to have is all the things -- I'm just talked about these buildings -- need to be converted to energy.
What I'd like to see is all kinds of infrastructure projects not done by the government.
But let out by the government bridges tunnels highways we -- -- -- infrastructure needs work.
The the populace wants and why are -- building roads in Afghanistan and Iraq and not here in America where the jobs have to be in America -- -- how do you put that outlook to work from an investment perspective should you be looking at infrastructure plays right now what are some interesting investment -- what you think -- know -- -- -- you wanna have this kind of long term top down type of approach -- should work.
I do something different frankly a dual bottoms up approach it's a Mac that stock selection process asking who's got the revenue growth.
Who's got the margin acceleration and cash flow and frankly if you look at leadership in the market right now it's all health care -- all kinds of different health care.
Not many of both stocks wake up on my model so rather than just look for what's working today and investor needs to load up on cheers when they're on -- you -- a little lower.
And so what I'm seeing stocks of every sector.
Kind of coming in and I've poured a couple names of me today he's about -- hot stuff -- Crocs is a name that we know well they're little plastic shoes the fact is they were hot stock they got demolished.
Why don't while like from now not because some into fashion or fed it's -- revenue growth margin acceleration.
They -- out of some -- stock and I think their relative strength now.
Is off the charts and -- very very strong we sort -- actually acquired today.
So no I don't think there's a buyout coming in I think it's valuation.
And revenue with a short interest -- on -- good good these guys have to buy sooner or later and the fact is.
A lot of these guys were short all the way back and win and they forgot the poverty plant stories about negativity.
If you look quantitative -- like I do I think it's.
Critical to take your emotions out completely if you look fundamentally.
The stock actually ranks up -- and my model and the models work for years of follow the model.
You also like Ericsson and and I know I look at Nokia is well may have gotten hammered lately but I like Erickson is a global play on cell -- and why do you like them all -- Just getting crushed right let me -- what just happened that it really surprised I -- my -- the model all the time.
Ericsson just showed up about a week or to a -- -- hadn't seen that name for awhile.
Domestically we're all focused on a couple carriers and you mentioned the the right comparison which is Nokia Harris is one of the largest largest cellphone companies in the entire world.
And then NIC why did this -- shall walk and I look.
There was big revenue growth there was margin acceleration.
And a lot of these all names -- -- doesn't think all these unheard of names.
When -- stock does get crossed and and then comes back on the model so remember Erickson went from thirty to one to thirty a decade ago.
You wanna remember folks by hate lol yeah and sell high it just came back on the not -- -- that hey it always comes back because right there and it's an -- thanks a lot but this action -- --
Filter by section