Blancato’s Picks Amid Bullish Thesis: COST, MDLZ, RYCEF, SPOT
Schwab Network · Schwab Network
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Show Notes
“As the United States sneezes, the rest of the world gets a cold” – because of our consumer, argues Phil Blancato. He thinks “the idea of a profound recession” is overblown and took advantage of the market sell-off because of this bullish thesis. Some of his current picks include Costco (COST), Mondelez (MDLZ), Rolls Royce (RYCEF), and Spotify (SPOT). He also sees opportunities in small caps and lays out his economic case for the rest of the year.
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