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Earnings Scout CEO is defensive, favoring health care, staples, real estate and utilities

Earnings Scout CEO is defensive, favoring health care, staples, real estate and utilities

Money Life with Chuck Jaffe · Money Life with Chuck Jaffe

November 12, 201958m 50s

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Show Notes

Nick Raich of The Earnings Scout returned to the Market Call to discuss his unique brand of stock analysis which focuses on earnings forecasts -- rather than past results -- looking for the best changes in earnings estimates, and he noted that while his models are starting to like developed international markets over the U.S., he still likes defensive sectors like health care, consumer staples, real estate and utilities, while being concerned and nervous about industrials, communications services and energy stocks. Also on the show, Chuck answers a listener's question about tax-loss selling, author Adam Minter discusses his book 'Secondhand: Travels in the New Global Garage Sale,' and Chris Gatz of CreditWise at Capital One discussed consumer stresses over debts and finances.