SlateStone’s Chief Equity Strategist, Erin Gibbs, joined Fox Business’ Making Money with Charles Payne to break down the late-cycle economy.
Growth is cooling. Inflation remains sticky. Rate cuts may offer relief, but defensive positioning still matters.
Erin pointed to sectors with pricing power: healthcare, utilities, telecom and food and beverage. Companies able to raise prices without losing demand stand out in this environment. Johnson & Johnson offers diversified revenues and reliable dividends. Thermo Fisher continues to lead in life sciences with unmatched technology. NextEra Energy combines renewable and nuclear strength.
Her view: Investors who look beyond the largest growth names can find steadier opportunities across the broader market.
Watch the full segment here.