KLIC, MCHP, ELV: Investment Ideas For A Slowing Economy

Kulicke & Soffa Industries (KLIC) trades at P/E under 10 and free cash flow yield above 11%, says Jeff Travis. He discusses his stock picks which include KLIC, Microchip technology (MCHP), and Elevance Health (ELV). He talks about how MCHP's industrial segment represents over 30% of the business. He then goes over how ELV is in the healthcare sector which is benefitting from strong employment levels and has good pricing. He also mentions investment ideas for a slowing economy, as well as how a potential Fed pause would impact the markets. Tune in to find out more about the stock market today.