Boring stocks could turn out to be beautiful investments: Jason Katz

Jason Katz with him this morning. You say we should be buying because the bull market is not over yet. Make your case. May not be over, that's the operative word edging. Well, look, we've had an 8 day win streak for the Dow and for good reason. We have a Fed that is basically taking rates off the table, rate hikes off the table, the labor market is cooling. You have all this cash on the sidelines. So I think that we're in a paradigm where we can see markets grind higher, not necessarily the growth oriented names. But the value oriented name, So I submit to you, you want to buy in May and you want to not go away. Especially when it comes to cyclical and value and boring. Boring is beautiful. Boring is beautiful. Yeah, I know what you mean. We used to get very enthusiastic about big tech because you could see 10 or 20% gains, just profits were going up as well. You don't see that in industrial stocks. That's why they're boring. Yeah. And also with interest rates likely in the past to, you know, stay higher for longer. You went with what worked. You went with predictable earnings growth, and that's what you got from growth. But if we don't have a recession, the cyclical parts of the market like industrials all of a sudden are the sexy places to invest. Utilities, for crying out loud, are up, what, 19% off the lows. Boring, but pretty good. That's right. So it's still a bull market, May still be a bull market. Maybe we should do some buying. Jason Katz, thank you very much indeed, Sir. Have a great weekend. No, have a great week. There you go.

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