Image Source: Unsplash

In this episode of ETF Spotlight, I speak with Nancy Tengler, CEO and CIO at Laffer Tengler Investments, about the broader market and importance of investing in high-quality stocks.

The US economy has remained remarkably resilient despite the Fed’s most aggressive tightening campaign in decades, with a strong labor market and robust consumer spending. Inflation has continued to decline since its peak in June of 2022.

After posting its best first eight months of the year since 2003, the tech-heavy Nasdaq index struggled in the past few days. Nancy believes that investors should remain overweight tech and add on weakness. Her favorite stocks in the space include Broadcom (AVGO - Free Report), Microsoft (MSFT - Free Report), and Oracle (ORCL - Free Report).

One of the biggest concerns for investors lately is China's economic slowdown. Nancy thinks China may surprise to the upside as pessimism appears overdone. Among the names reliant on China for growth that she likes are Starbucks (SBUX - Free Report) and Lululemon Athletica (LULU - Free Report).

The newly launched Laffer Tengler Equity Income ETF (TGLR - Free Report) is actively managed by Nancy and invests in high-quality, large-cap stocks that have strong earnings and dividend growth potential. Its holding include Chevron (CVX - Free Report) and Apple (AAPL - Free Report) as well as stocks mentioned above.

Running Length: 00:24:39

More By This Author:

Software Stocks & ETFs: The Next Big AI Opportunity?
Should Investors Diversify With Hedge Fund Style ETFs?
The New ETF That Protects Against All Market Losses