'Don't overreact to market volatility': Strategist

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Volatility News

Matt Powers,Consumer Staples

The market has experienced volatility recently, but how should investors react? Powers Advisory Group Managing Partner Matt Powers joins Yahoo Finance to...

The market has experienced volatility recently, but how should investors react? Powers Advisory Group Managing Partner Matt Powers joins Yahoo Finance to give his insights on investing amid market volatility.

A few sectors Powers is looking at are consumer staples, healthcare, and utilities. In consumer staples, Powers notes Mondelez International , adding"right now, you'd lock in a once in a decade high in their dividend yield." In healthcare, Powers points out Eli Lilly and Company , however, was dismissive.Howmet and FTAI are near their all time highs as investors rotate out of tech stocks. The defense stocks hold strong technical ratings.

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