Kari Firestone, chairman, CEO and co-founder of Aureus Asset Administration, revealed what she has been purchasing for currently as a result of the S&P 500 hovers near an all-time extreme.
Firestone talked to CNBC’s “Fast Money Halftime Report” host Scott Wapner for a selected reside PRO Talks dialogue for PRO subscribers the place she revealed her excessive know-how picks and reopening performs.
“I really feel that shares are reasonably attractive,” talked about Firestone. “They don’t seem to be as attractive as they’ve been last April, nevertheless we’re nonetheless talking about GDP growth of six to seven p.c, earnings momentum is definitely very, very strong, income margins are most likely at an all time extreme for a lot of the S&P 500 companies and everyone knows that charges of curiosity are low. That means there’s really no rivals for people’s money.”
Aureus Asset Administration solely owns 35 shares in a portfolio, so “the precise property occupied by any single determine could also be very treasured,” talked about Firestone. With good care, she has been together with names to her itemizing of shares to buy.
Be taught the highlights beneath.