BRK/B, CVX, CVS: Look For High Cash Flow, Strong Brands & Balance Sheets

We are likely entering more challenging operating environment than the equity market is giving credit, notes Tim Pagliara. He examines the state of equity markets. He talks about how foreign stocks are trading at a 35-40% discount to U.S. counterparts, and he favors countries with responsible monetary policies. He also looks for companies with high cashflow, strong brands, and strong balance sheets. He highlights his stock picks which include Berkshire Hathaway (BRK/B), Chevron (CVX), and CVS Health (CVS). He then goes over expectations for debt ceiling deal vote, as well as factors that could impact the Fed decision. Tune in to find out more about the stock market today.