MU, AMD, MTW: Some Stocks To Watch In Cautious Environment

Micron (MU) and AMD (AMD) will continue to outperform in the near-term, believes Ed Cofrancesco, citing pent-up chip demand. He also likes fixed-income strategies, saying that market makes sense for the first time in 10-15 years. Another name he likes is Manitowoc (MTW), calling it well-run. He talks about how markets are rising on det deal optimism and A.I. excitement. He notes that recent economic data raises more questions than answers and caution is the keyword. He mentions that fixed income investments are more attractive than they have been in more than a decade. Tune in to find out more about the stock market today.