Where this BlackRock global CIO sees opportunity for income in 'new era' for stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Investment Strategy Notícia

Stock Markets,Blackrock Equity Dividend Fund Investor A Shares,CVS Health Corp

BlackRock's Tony DeSpirito, who manages the BlackRock Equity Dividend fund, looks for income, value and quality when picking stocks.

When BlackRock's Tony DeSpirito searches for dividend-paying stocks for the firm's flagship equity fund, he is also paying attention to quality and value. That will come in handy in what he calls the market's "new era," now underway. It will be marked by bouts of volatility and greater differentiation between individual equities, he said in an interview with CNBC.

These days, DeSpirito sees the best opportunity in health-care stocks. The fund's largest health-care holding is CVS Health , which makes up 2.46% of the portfolio as of July 31, according to Morningstar. Cardinal Health is its second-largest health-care holding at 2.1%. The industry is facing a good macro backdrop, he explained. "As we age, we consume a disproportionate amount of health care, and we're aging as a society ," he said.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Where BlackRock's Rick Rieder sees income opportunity amid the market volatilityBlackRock CIO Rick Rieder said these assets have attractive yields and solid fundamentals.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

'Cheap' and 'under-owned': CIO makes the case for UK stocks despite U.S. bounce backU.K. stocks look particularly attractive after a fresh bout of market volatility, according to the chief investment officer of financial firm Wren Sterling.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Market sell-off won't last as there's no tech bubble to burst, CIO says'I just don't see a tech bubble. Yes, a few stocks have done well, and they have done well on earnings that they have delivered.'
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »