Delos Capital Advisors’ analyst, Andrew Smith, shared with the viewers of CNBC’s “Trading Nation” three stocks he would buy and three stocks he would avoid.
Smith likes Fiserv Inc (NASDAQ:FISV) because the increase in the activity in the financial sector is going to create more demand for the company.
Waste Management, Inc. (NYSE:WM) is one of his go-to names. He expects to see an increase in earnings over the next year.
Smith is also bullish on GameStop Corp. (NYSE:GME). He thinks it is going to benefit from new PS5 and Xbox console refreshes. The stimulus check is also a positive catalyst.
The inflation-sensitive stocks should be avoided, believes Smith. He named Home Depot Inc (NYSE:HD), Best Buy Co Inc (NYSE:BBY) and Kroger Co (NYSE:KR) as stocks that won’t do well under the accelerated inflation regime.