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Howard Capital Management CEO and CIO Vance Howard joins Wealth! to discuss his outlook on current market (^DJI, ^IXIC, ^GSPC) dynamics and his top recommendations.
Howard highlights small caps, regional banks, and consumer discretionary sectors as areas of great opportunity, noting they will all benefit from the lowering of interest rates. "But again, we're in a solid bull market, so there are a lot of places to play that are making tremendous amounts of money," he emphasizes.
On the other hand, Howard advises caution on healthcare plays, citing the sector's current downtrend. "I wouldn't make that trade trying to bottom fish there either because there's too many great opportunities right now in this fantastic bull market to make money and to try to expand your portfolio in areas that are really working," he notes.
Regarding individual names, he highlights Salesforce (CRM) as a top AI pick saying it's "one of the more dynamic stocks out there."
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This post was written by Angel Smith