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Defensive Market Play: High-Quality Dividends & Consumer Staples
Manage episode 491973974 series 3645668
Brian Mulberry shares his team's defensive take on the market, citing interest rates as a major headwind for earnings growth. Despite the S&P 500's rally to 6200, Mulberry expects more volatility ahead. To navigate this environment, he favors high-quality, dividend-yielding stocks with strong balance sheets and diversified revenue streams, such as JPMorgan (JPM), BNY Mellon (BK), and Bank of America (BAC). Mulberry also likes consumer staples like Home Depot (HD) and Walmart (WMT), citing their ability to weather economic uncertainty and deliver steady, profitable growth.
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5729 episodes
Manage episode 491973974 series 3645668
Brian Mulberry shares his team's defensive take on the market, citing interest rates as a major headwind for earnings growth. Despite the S&P 500's rally to 6200, Mulberry expects more volatility ahead. To navigate this environment, he favors high-quality, dividend-yielding stocks with strong balance sheets and diversified revenue streams, such as JPMorgan (JPM), BNY Mellon (BK), and Bank of America (BAC). Mulberry also likes consumer staples like Home Depot (HD) and Walmart (WMT), citing their ability to weather economic uncertainty and deliver steady, profitable growth.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
5729 episodes
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