, citing their extraordinary outperformance so far this year and uncertainty over how much room they have left to run.
"We still believe in these names, we still believe these are great sectors to be invested in, but perhaps it's time to take a little bit off the table and find other areas where we think there's more upside potential." "Walmart we feel like is one of the only companies that's really going to be able to keep up with Amazon when it comes to internet businesses and ecommerce. We strongly feel that that's going to be how many consumers continue to buy," Fernandez said.
"Many people think McCormick is a COVID-19 bet. It really isn't — when we look at the trends we're seeing as far as what people are doing now and what we think are going to continue to do going forward — we think cooking at home, and people eating in, is actually going to be something they do more and more of," Fernandez said.
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