A top fund manager is using these 7 global stocks to beat the market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 72%

Microsoft Corp News

NVIDIA Corp,Alphabet Inc,TE Connectivity Ltd

Rob Hinchliffe oversees PineBridge's Global Focus Equity Fund. He says there are 'always' investment opportunities, whatever the market conditions.

Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. "There are always investment opportunities to be found in all market conditions. We're looking out for stocks that we think are better than the market currently believes," Rob Hinchliffe, managing director and equity analyst at PineBridge Investments, told CNBC Pro last month.

Among the top holdings in his fund are Microsoft , Alphabet and Nvidia — all part of the so-called "Magnificent Seven." The portfolio manager noted that they "clearly led the market last year based on fantastic earnings growth by and large." However, Hinchliffe said that his fund has an underweight rating on the Magnificent Seven. He instead has his sights set on five under-the-radar stocks offering "lots of opportunities." They include U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines