03-14-2021, 09:30 PM
Seems like a sound opinion to me. Other than a few tech DGI names everything that appears near fair value is down because there is real political risk. Defense and Pharma DGI look good for an entry position but they could definitely see lower prices. Same with the growing utilities. I wouldn't be afraid of a starter position in PEP for a consumer staples stock. Stimulus is massive so a big market dip soon doesn't seem likely. An infrastructure bill seems likely but I expect a protracted battle. That isnt passing in a month. The choppiness will come.