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Market is in 'a healthier place' post sell-off: Portfolio manager

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John Belton ニュース

Gabelli Funds,Moving Forward

Stocks are rebounding after a global sell-off that impacted major US indexes. John Belton, Gabelli Funds Portfolio Manager, joins Wealth to discuss market...

Stocks are rebounding after a global sell-off that impacted major US indexes. John Belton, Gabelli Funds Portfolio Manager, joins Wealth to discuss market outlooks.

Now, I think from here, you're at least at a healthier place in terms of where valuations are um especially with interest rates likely coming lower. Um And I think if, if these, if they do, um, then I think it's gonna be a pretty good place to be, but just taking one example, a company like meta, um, you know, me is trading at some, some around 20 times or, or less um forward earnings.

They've been just as big a contributed to contributor to earnings growth and to earnings estimate revision.Um now just switching back to NVIDIA. But I think that has driven some of the recent um draw down in NVIDIA and we're not too concerned about a short term dynamic like that.Uh Similar to what we've heard from D A Davidson, as well as some of the other major names tracking NVIDIA on the street.'Industry' tackles the impact of overhyped tech in its ambitious third seasonChael Sonnen is urging Tony Ferguson to retire.

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