Kevin Mahn: Volatility to Subside
Despite a 12% S&P 500 drop, Kevin Mahn isn’t hitting the panic button just yet. He believes the recent market volatility will eventually subside, and when it does, a significant bounce-back could be on the horizon. Mahn sees a silver lining in the latest CPI print, which showed disinflationary trends. He goes over his stock picks, including L3Harris Technologies (LHX) and BAE Systems (BAESY), citing their exposure to growing defense spending and attractive dividend yields.
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Disclosure: Hennion & Walsh Asset Management currently has allocations within its managed money program and Hennion & Walsh currently has allocations within certain SmartTrust® Unit Investment Trusts (UITs) consistent with several of the portfolios management ideas for consideration discussed during this interview.
