Chief Market Strategist Ellen Hazen, CFA, appeared on Bloomberg TV to discuss the importance of cash flow generation in today’s market. Ellen commented….
“It’s clear that what we learned during our CFA exams and in business school about how to value companies and discounted cash flow, matters again. You want to own companies that are generating free cash flow and we see opportunity in a number of areas particularly in healthcare, insurance and technology.”
“CVS, Chubb, Travelers, and Broadcom are all companies that look interesting right now.”
“It’s not a stock market but a market of stocks. We believe you can still find companies that are generating a lot of cash today.
To watch the full segment click here.