Program and guest
CNBC Television’s Squawk Box (approximately 5 minutes and 04 seconds), featuring Stephanie Link, Hightower’s chief investment strategist. This article covers Link’s full interview.
Key points
(The following paraphrases the guest’s views; the timestamp links point to the corresponding moments in the original video.)
- This is the busiest earnings week and the peak of the year’s earnings seasons. (https://www.youtube.com/watch?v=Mz-I3shCmMM&t=22s）
- The period after volatility offers an opportunity to position in stocks, followed by a seasonally strong period. (https://www.youtube.com/watch?v=Mz-I3shCmMM&t=32s）
- Volatility itself is a window to add to positions, rather than waiting for it to pass and then chasing higher prices. (https://www.youtube.com/watch?v=Mz-I3shCmMM&t=95s）
- The cybersecurity sector is diverging: Zscaler is up only about 9% year to date, and its price-to-sales ratio is at a discount of roughly half to its historical level, while deferred revenue and recurring revenue are still growing at about 25% to 27%. (https://www.youtube.com/watch?v=Mz-I3shCmMM&t=256s）
Background and notes
Subtitles cover the full video (approximately 5 minutes and 04 seconds); this article covers Link’s full interview.