Ablin’s ‘High Quality’, Free Cash Flow Picks: CB, IBM, SYY
Schwab Network · Schwab Network
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Show Notes
Jack Ablin attributes Monday’s market rally to the jumping expectation of a rate cut in September after last week’s disappointing jobs report. He says AI companies are currently contributing more to GDP than household spending. “We are going to see a weakening” of the economy, but Jack doesn’t expect a recession: “We’ll probably muddle through.” His stock picks right now include “high-quality” names like Chubb (CB), IBM (IBM), and Sysco (SYY).
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