PXD, MCHP, UGI: Stocks To Watch As Consumer Spending & Employment Remain Strong

Inflation remains higher than the target, notes Dory Wiley. He gives an overview of the markets and preview the next FOMC meeting. He highlights that employment remains strong and consumer spending also remains strong. He then goes over some stock to watch which include Pioneer Natural Resources (PXD), Microchip Technology (MCHP), and UGI Corporation (UGI). He talks about how MCHP should be trading higher as it has good growth, its diverse, and undervalued. He goes over how PXD is interesting to him because he is bullish on oil and the Permian. He mentions that UGI always pays dividends. Tune in to find out more about the stock market today.