Ted Weisberg Talks Expectations For Earnings Season

Ted Weisberg, Founder & President of Seaport Industries, says banks are basically priced to perfection at the moment. He says the earnings dynamic is a trifecta: top and bottom line and guidance, but if there is a miss on any one of the three, it can be problematic. They are still long Facebook but always have some powder to buy the dips. He also likes big pharma names like Pfizer and Bristol-Myers Squibb and feels they are a good value. He also likes animal health care stocks like Zoetis and Elanco Animal Health.

The Watch List

16 Apr 2021

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Ted Weisberg Talks Expectations For Earnings Season

Ted Weisberg, Founder & President of Seaport Industries, says banks are basically priced to perfection at the moment. He says the earnings dynamic is a trifecta: top and bottom line and guidance, but if there is a miss on any one of the three, it can be problematic. They are still long Facebook but always have some powder to buy the dips. He also likes big pharma names like Pfizer and Bristol-Myers Squibb and feels they are a good value. He also likes animal health care stocks like Zoetis and Elanco Animal Health.

The Watch List

16 Apr 2021