"Companies in health care throw off a tremendous amount of cash flow, pay a dividend in a low-yield environment, [their] valuations are relatively very attractive and they have strong balance sheets," he said. "And, obviously, we have the great accelerator ofThree of Thursday's winners stood out to Nancy Tengler, chief investment officer of Laffer Tengler Investments.
"We're overweight materials, we're overweight communications services and we're overweight financials," she said in the same "Trading Nation" interview. "But my pick would be communications services." With banks "getting smoked by the bond market" on loan demand, "that's not where I would be focused," Tengler said.and Facebook," she said, noting that Facebook shares have "done almost nothing for the last six months" while the company grows sales at 48% on a 26 times price-to-earnings multiple.
TradingNation this is terrible news