Posted on: June 2, 2021 Posted by: Betty Lee Comments: 0

Kari Firestone, chairman, CEO and co-founder of Aureus Asset Administration, revealed what she has been shopping for just lately because the S&P 500 hovers close to an all-time excessive.

Firestone talked to CNBC’s “Quick Cash Halftime Report” host Scott Wapner for a particular stay PRO Talks dialogue for PRO subscribers the place she revealed her prime know-how picks and reopening performs.

“I believe that shares are fairly engaging,” stated Firestone. “They don’t seem to be as engaging as they have been final April, however we’re nonetheless speaking about GDP development of six to seven p.c, earnings momentum is basically very, very sturdy, revenue margins are most likely at an all time excessive for lots of the S&P 500 corporations and we all know that rates of interest are low. Which means there’s actually no competitors for folks’s cash.”

Aureus Asset Administration solely owns 35 shares in a portfolio, so “the true property occupied by any single identify may be very helpful,” stated Firestone.

Learn the highlights beneath.

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