Raymond James: Buy stocks in these four sectors no matter what happens in Tuesday's midterm elections

Raymond James: Buy stocks in these four sectors no matter what happens in Tuesday's midterm elections

5 years ago
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https://www.cnbc.com/2018/11/05/raymond-james-jeff-saut-buy-these-sectors-no-matter-midterm-results.html

Wall Street veteran Jeff Saut suggests investors could do well buying shares in technology, financials, health-care and energy names regardless of Tuesday's midterm election results.

"I think some of the tech stocks have been sold off enough; some of the FAANG stocks down 15 [or] 20 percent," the chief investment strategist at Raymond James said on "Closing Bell." "They sold off enough that valuations are better than they were a couple months ago." FAANG stands for Facebook, Apple, Amazon, Netflix, and Google-parent Alphabet.