HomeMarketsIndicesPEP, MMC, KLAC: The Shift Toward Quality

PEP, MMC, KLAC: The Shift Toward Quality

I think we’re seeing more quality come into play more recently as there’s more recognition that interest rates are probably going to be higher for longer and inflation is proving to be a lot stickier than originally thought, notes Eric Shoenstein. He discusses finding quality in a volatile market. He then goes over his stock picks which include Pepsi (PEP), Marsh & McLennan (MMC), and KLA Corp. (KLAC). He highlights KLAC’s 1Q earnings. Its adjusted EPS came in at $5.74 versus an estimated $5.39 and revenue came in at $2.40B versus an estimated $2.36B. PEP is down 10% year-to-date and down over 17% from its 52-week high. Tune in to find out more about the stock market today.

Morning Trade Live

26 Oct 2023

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