Stock market outlook: Expect ‘market churn,’ plus opportunities for investors
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Earnings season has almost come and gone for the past quarter and whether the Fed’s higher for longer interest rates have filtered through the markets has been a topic of many discussions. Ellen Hazen, F.L. Putnam Investment Management Co. Chief Market Strategist and Portfolio Manager, joins Yahoo Finance Live anchors Seana Smith and Brad Smith to discuss consistent stock performers following a majority underwhelming earnings season for tech giants like the Magnificent Seven stocks. “We’re looking at very steady, high cash flow, high return on invested capital compounders,” Hazen says, listing companies like Paychex (PAYX) and waste management provider Republic Services (RSG), later adding: “So some of these ‘steady-eddy’ companies […]
