VIDEO: This Holding Looks Good as Tariff Impacts Show Up in Earnings
Why we're fans of this holding as competitors report the impacts of tariffs on their earnings.
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Chris Versace joins Schwab Network’s Diane King Hall at the NYSE to chew through the macro headlines weighing on equities.
From the Moody's credit downgrade to Fed speakers, Chris says the U.S. central bank "still has things to digest" as investors look for rate cut guidance.
Chris also looks at the tariff impacts showing up in earnings reports, particularly retailers like Walmart WMT, Target TGT and more. He does favor Costco COST, believing it to be a great place for consumer value, but as an investor he appreciates its subscription-based revenue value.
Later, Chris examines Marvell MRVL and its role in the AI trade.
At the time of publication, TheStreet Pro Portfolio was long COST and MRVL.
