Steve Cress Recommends Barbell Strategy for Market Volatility
Investment expert Steve Cress advises a barbell approach combining income and growth stocks to maintain diversification during current market uncertainty.
Investment expert Steve Cress recommends a barbell approach to investing to manage current market volatility. This strategy combines income-oriented stocks with growth-oriented stocks to ensure portfolio diversification.
Cress identifies Lockheed Martin as a strong income pick, citing its 2.3% yield and the global demand to rebuild military stockpiles. For growth, he recommends Sandisk, noting its role in data center memory and a low forward price-to-earnings ratio of 6.96.
To manage these holdings and avoid dividend cuts, Cress utilizes systematic quant ratings based on momentum, analyst revisions, profitability, growth, and value. He noted that his Quant Growth and Income portfolio has returned 12.74% since June 3, outperforming the Vanguard High Yield Index ETF.