The 2 factors driving the market rotation: Portfolio manager

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The stock market averages (^DJI, ^IXIC, ^GSPC) attempt to gain back some ground Thursday after disappointing second-quarter reports from the Magnificent...

NFJ Investment Group managing director and senior portfolio manager Burns McKinney joins Wealth! to share his market outlook.

There definitely is going to be an opportunity to buy the dips that said that this really could be the start of a longer and more enduring rotation. Yeah, I sort of say, you know, if you have two students, an A plus student who comes home with an A minus or you have ac student that comes home with A B, you know, which kid do you think is, uh, you know, getting taken out for ice cream for, you know, beating expectations.That's my favorite markets explanation I've ever had burn.But I, I do want to get a little bit more into the details of this for investors listening because I get it.

So that's one way to really get into some of the, the value names that we do expect the markets to, to rotate into. They're, uh, you know, they have a duopoly in the pest control space and a lot of recurring earnings.And so that's just a way of playing the secular trends and, you know, rising demand for digital content and Honeywell, as far as industrial conglomerates, they also benefit from long term trends like automation or um you know, energy efficiency.

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