30 dividend-paying stocks in solid sectors with upside outside the AI hype, according to a 30-year fund manager

Max Wasserman, founder and senior portfolio manager at Miramar Capital, believes that inflation levels are "sticky" and expects the Federal Reserve to implement another 25-basis-point rate hike, but emphasizes the need for a 50 bps hike to bring prices under control, which could potentially impact the stock market, particularly the Nasdaq; Wasserman also advocates for a dividend strategy and focuses on well-priced, dividend-paying stocks in sectors such as financials, defense, healthcare, and industrials, and he sees potential in the aging car market and medical device companies.

businessinsider.com

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9/7/2023

Leon Cooperman Sees High Risk of Recession Without Tighter Fed Policy, Expects S&P 500 to Struggle

Leon Cooperman, billionaire investor and founder of Omega Advisors, believes that a US recession is still possible without higher interest rates, and warned of various risks that could trigger it, including the Federal Reserve's tightening campaign, rising oil prices, and the US dollar. He also expressed skepticism about the stock market reaching new highs and advised investing in cheap stocks with share repurchase programs. Additionally, Cooperman compared Nvidia's current stock boom to the 2000 bubble surrounding Cisco.