This is where smart investors are putting their money right now.
Transcript:
CAROLINE WOODS: Talk to me about the areas of the market that have the most room to run from this point?
AHMED RIESGO: Yeah so you know, we like we still like a lot quite a bit. The defense sector. We like utilities. We think health care has sort of underperformed the market. We think as soon as the tariff overhang over the health care center gets lifted, we think that’s going to be a sector that’s really going to rally, because I think there’s two sectors really that are going to be the primary beneficiaries of all this CapEx spending that the hyperscalers are doing on AI, and it’s the financial sector and the health care sector. The financials have benefited already. They have outperformed the health sector, in my view has not because of the pharma tariff threat overhang. I think as soon as that gets lifted, I think the sector will gravitate higher.
CAROLINE WOODS: So what’s your best advice for investors right now?
AHMED RIESGO: You know, our constant advice is that try not to time the market. Timing the market is a foolish game. It’s impossible to say near-term peaks and valleys. It’s impossible to call them out. Usually when people get them right, it just happened by chance. They think they’re good at it and then they get burned down the line just find good companies, solid companies, solid sectors that you want to invest in and stay invested.
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