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Rental & Finance Stock Picks: CSGP, BAM
Schwab Network
English - November 18, 2022 22:57 - 5 minutes - 61.8 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Hike, Pause, Or Pivot: What Is The Fed's Rate Hike Plan?
Next Episode: Stock Market Today: ROST, FL Strength & LYV Weakness
"The Federal Reserve continues to be on a warpath and our playbook right now is to remain defensive. One of the names we like is Costar Group (CSGP) as we are starting to see apartment rental velocity accelerate as consumers seek out better value deals. Also, the number of units under construction is at an all-time high. Also, Brookfield Asset Management (BAM) has a countercyclical nature of their business as demonstrated by deploying dry powder which generated 18% in growth," says Bryan Lee.