Investor Kari Firestone reveals the stocks she’s buying
Kari Firestone, president, CEO and co-founder of Aureus Asset Management, revealed what she bought recently as the S&P 500 nears an all-time high.
Firestone spoke with CNBC’s “Fast Money Halftime Report” host Scott Wapner for a special live chat on PRO chats for PRO subscribers where she revealed her top tech choices and reopening pieces.
“I think stocks are reasonably attractive,” Firestone said. “They are not as attractive as they were last April, but we are still talking about six to seven percent GDP growth, the earnings momentum is really very, very strong, profit margins are probably at an all time high. for many S&P 500 countries and we know that interest rates are low, that means there really is no competition for people’s money.
Aureus Asset Management only has 35 stocks in a portfolio, so “real estate held by one name is very valuable,” Firestone said. With great care, she added names to her list of stocks to buy.
Read the highlights below.