What Stocks and Sectors Investors Should Watch During the Second Half of 2019

Video credit: The Street
Published on June 26, 2019 - Duration: 02:22s

What Stocks and Sectors Investors Should Watch During the Second Half of 2019

Curious about what you need to start keeping an eye on as we move into the second half of 2019?

Real Money contributor Stephen Guilfoyle weighed in on what he's watching and his thoughts on the first half of 2019.

Here's what Guilfoyle thinks about the second half of 2019.

"We're pricing it through to where we think the Fed stands.

Now we're pricing in higher valuations, but we have to contend that with we once again think the economy might be slowing a little bit.

Probably is.

We know earnings growth is going to contract so it's not going to be growth," he said.

"Earnings are going to contract.

Estimates now are 2.9%, I think, for this quarter.

We expect revenues, sales, corporate sales to maintain a steady pace around three and a half to four and a half percent for the rest of the year.

So that's going to be there.

You can fix problems with revenue.

Earnings are something that can be fixed for revenue.

Revenue is not something that you can fix through earnings.

So that's, that's important to maintain, to keep in mind." Watch: How Trading on the NYSE Floor Has Changed, According to a Former NYSE Trader


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