Homeowners with low-interest rate mortgages tend to stay in their homes longer to benefit from the low rates rather than moving. The focus shifts towards home improvement, benefiting companies like Lowe's and Home Depot. The aging housing market presents opportunities for these companies with a large portion of homes needing upkeep and renovations, whether old or new.
It’s our mid-year review show! We talk through the market’s strong start in 2024, how it’s being driven by the big names, and where the deals might be.
(00:21) Jason Moser and Matt Argersinger discuss:
- Why the market is up, but top-heavy in 2024, and the types of stocks currently trading at a discount to big tech.
- Four defining themes of the year so far: AI, interest rates, next-gen tech, and the pivot to value for consumers.
- The state of real estate, and why low supply means prices may stay high in residential for a long time, even in spite of high rates.
(31:01) Matt and Jason break down two stocks on their radar: ABM Industries and Rubrik.
Stocks discussed: NVDA, MSFT, AAPL, ABM, RBRK
Host: Dylan Lewis
Guests: Jason Moser, Matt Argersinger
Engineers: Dan Boyd
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