Shah Gilani Will NOT Touch This Sector Right Now

0 | By Wall Street Insights and Indictments Staff

We’re seeing a slight big tech rebound this morning, following yesterday’s big losses. However, the day is still young, and Shah Gilani says he’d like to see the Dow up at least a few hundred points before feeling optimistic.

On this episode of Varney & Co., host Stuart Varney asks Shah what he thinks of the FAANG stocks right now, namely Apple Inc. (NasdaqGS:AAPL), the culprit that’s leading the market sharply lower. Teetering around $179, the stock is certainly in bear market territory – well on its way to becoming an ideal buy.

Then, Stuart asks Shah if there are any stocks in one hot button sector that Shah would buy right now, and Shah answers with a vehement, “No.” See if you can spot where he drops this statement…

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