These strategists say investors need quality, so sell Tesla and AMD, and buy these stocks instead.

Here comes the third quarter, next stop, the rest of the year. Judging by stock futures action, the first half could end on a positive note.

In short, the losers of last year — tech — have been winning in 2023 so far. But Sean Simonds, UBS equity strategist, says investors should not expect the AI narrative that has driven gains for the quarter to continue in the next. Their stocks that have moved into the “most attractive” rankings of that macro select model over the last month are shown in the below chart, with a decile rank of 1 or 2. Among those names are Green Brick Partners GRBK , Civitas Resources CIVI , Cytokinetics CYTK , Camden Property CPT and Atmos Energy ATO .

Try your hand at the Barron’s crossword puzzle and sudoku games, now running daily along with a weekly digital jigsaw based on the week’s cover story. To see all puzzles, click here.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves before the bell: General Mills, Nvidia, AMD and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Nvidia, AMD stocks hit on report of China AI chip restrictions By Investing.com⚠️BREAKING: *NVIDIA, AMD FALL ON REPORT OF CHINA AI CHIP RESTRICTIONS $NVDA $AMD
Source: Investingcom - 🏆 450. / 53 Read more »