Jul 27, 2020
Sheraz Mian, director of research for Zacks Investment Research, says that investors can't make great comparisons using current numbers against a year ago or even before the coronavirus -- and says the comparison problems will continue for at least a year after the pandemic ends -- but in spite of that issue, he expects earnings to continue improving through the end of the year. Meanwhile, Paul Hoffmeister of Camelot Portfolios says that optimistic investors should see the recent market pullback is creating "anothr chance to put risk on," and suggested investors might want to look into underperforming sectors like health care, energy and gaming. Also on the show, David Trainer of New Constructs puts a mid-cap growth fund in the "Danger Zone' and Ted Rossman discusses a Bankrate.com study which shows the ways investors are damaging their credit score as they respond to the financial hardships created by the pandemic.