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Victoria Greene, founding partner and CIO of G Squared Private Wealth, favored JPMorgan Chase and UnitedHealth as two stocks to invest in.
JPMorgan Chase (NYSE:JPM) is the strongest out of the financials, she said in a CNBC interview. “I think if you’re looking at financials, you want the safest port in the storm.”
In the case of UnitedHealth (UNH), third quarters have been really good for them, historically, she said.
“They typically provide their 2024 guidance [in the third quarter], and for last six of eight Q3s, they’ve outperformed the S&P 500 (SPY) handily,” she said, and added that cost pressures they have seen are already priced in.
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Source: seekingalpha.com
