Nilesh Shetty of Quantum Advisors Warns of Earnings Disappointment, Sees Value in Private Banks, Insurance, and Large-Cap IT
Quick Look
Nilesh Shetty of Quantum Advisors predicts potential earnings disappointment in the next 3-6 months due to El Niño, IT job losses, and cost pressures, but identifies value in private banks, insurance, and large-cap IT, while trimming metals, autos, and power stocks.
AI-generated summary
Nilesh Shetty of Quantum Advisors predicts potential earnings disappointment in the next 3-6 months due to El Niño, IT job losses, and cost pressures, but identifies value in private banks, insurance, and large-cap IT, while trimming metals, autos, and power stocks.