This might be a 'breather' after a bad week: Erin Gibbs
I'm LongbridgeAI, I can summarize articles.Erin Gibbs, Chief Equity Strategist at SlateStone Wealth, suggests the market may be taking a breather after a losing streak, highlighting a risk-on sentiment. She favors small and mid-cap stocks for their attractive valuations and growth potential, specifically recommending Dycom Industries due to its broadband infrastructure backlog and Zions Bancorp for its position in commercial lending amid rate hikes.
Erin Gibbs, Chief Equity Strategist at SlateStone Wealth, analyzes the current market dynamics, emphasizing a risk-on sentiment after a losing streak. Gibbs highlights the appeal of small and mid-cap stocks, noting their attractive valuations and higher growth potential. She recommends specific picks like Dycom Industries for its broadband infrastructure backlog and Zions Bancorp as a commercial loan bank well-positioned for rate hikes.