Now may be the time to build positions in losing stocks, with March's key inflation report unlikely to come in better than economists' expectations, according to two investors. Jeff Kilburg , founder and CEO of KKM Financial, believes that Wednesday's consumer price index reading is likely to either match expectations, or settle higher. Given the current strength of the U.S.
Conversely, Kilburg is adding to positions that have lagged the market, such as industrial and health-care stocks. He highlighted UnitedHealth , Lockheed Martin and 3M as among his favorite "boring, blue-chip names." "Those are three names that I believe are blue chip, essential names to the U.S. economy," he said. Post-it note and adhesive maker 3M, for example, earlier this month completed the spinoff of Solventum , its health-care business.
Stock Markets Old Dominion Freight Line Inc Union Pacific Corp Visa Inc Berkshire Hathaway Inc Progressive Corp Marsh & Mclennan Companies Inc Johnson & Johnson S&P 500 Index 3M Co Lockheed Martin Corp Unitedhealth Group Inc Amazon.Com Inc NVIDIA Corp Meta Platforms Inc Chevron Corp Jeff Kilburg Prices Solventum Corp Stifel Financial Corp Business News
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