HomeMarketsIndicesWBA, CMA, PBCT Stock Picks
WBA, CMA, PBCT Stock Picks

"The CPI report confirms that inflation fears and data hold," says Dory Wiley. He believes that this keeps the Fed on track to raise rates 2 to 3 times next year. Also, he expects banks to continue to perform well with rising rates, margin help, and multiple expansion as they are 60% of the S&P PE Multiple. On that note, his stock picks are WBA, CMA, and PBCT. WBA stock price is up almost 20% year-to-date. CMA stock price is up over 52% year-to-date. Finally, the PBCT stock price is up around 37% year-to-date.

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