George Young, Portfolio Manager of Villere & Co. says strong economic news in the U.S. is being dwarfed by the Russia-Ukraine conflict. Research shows that in 14 of the 18 key military conflicts, markets rebounded within three months, he explains. One of their stock picks is Caesars Entertainment (CZR), which he describes as a diversion away from potential problems in the news. Next he says they like smaller mid-cap stocks such as Open Lending (LPRO). LPRO is used to finance cars. Lastly he likes Palomar (PLMR), a re-insurer and underwriter.
07 Mar 2022