US stocks (^DJI,^GSPC, ^IXIC) are trading lower at the end of a volatile week. Gradient Investments portfolio manager Keith Gangl shares his tips for navigating the market in 2025 on Wealth with Brad Smith.
"The last two years have been fantastic in the overall market," Gangl says, explaining, "We're still favorable for the markets, we think it will get more of that normalized return ... I think we're going to have some kind of corrections as we go throughout the year 5% to 10% pullback shouldn't be a surprise. So, we're warning investors that they need to bring an umbrella. Prepare for a little bit of rain."
As investors prepare their "umbrella" for the downturn Gangl expects, he highlights the "Magnificent Seven," excluding Tesla as names to hold as well as others that will benefit from the market broadening beyond the mega-cap tech group. He also names the healthcare (^SP500-35) and industrial (^SP500-20) sectors, as well as Netflix (NFLX), Dexcom (DXCM), Palo Alto Networks (PANW), and Walmart (WMT) as top stock picks.
Related Videos
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Naomi Buchanan.