Hidden stock opportunities beyond tech

George Seay, Founder and Chairman of Annandale Capital, shares where you can invest outside of the tech sector.

Transcript

00:00If you're buying stocks, what are you buying right now? Because I understand there are still

00:04some unloved areas of the market that you like. Yeah, I think that that's the key thing that

00:12people who are trying to put fresh money in the market need to really think hard about.

00:15If you look at Microsoft, their earnings were just spectacular, but the stock's kind of planed

00:20out since that happened. And then Google is kind of planed out after a big run right after earnings

00:25as well. And NVIDIA is kind of seems to be kind of capping out too. So when you talk about the

00:28mag seven or AI stocks or things that have been the most rampant with speculation and hot money

00:35coming in, I think it's kind of a tough time to get into them until the run up to the next earning

00:41seasons in Q3. So I'd be looking at some things and I'd say over the next two to three months,

00:45not necessarily right now, that will be victims of tax law selling and that are significantly out

00:50of favor currently in the market. And I would put in that category United Healthcare, which has had

00:55all sorts of trouble this year and it's down about 50%, but it's a blue chip, gigantic mega stock.

01:00And I would also point people to UPS, which is trading at a very small price to earnings ratio

01:05and has a huge dividend and is a great franchise that's really having a hard time right now.

01:10And I'd also point people to oil and gas stocks. They are, again, tremendously out of favor.

01:15Commodity prices have come off significantly with the rush of peace talks and with the Saudis and OPEC

01:20plus pumping a whole lot of supply into the marketplace. And you can pick up, especially

01:24upstream natural gas stocks at a time when LNG and AI demand for data centers is going to push

01:30demand in natural gas tremendously for pretty cheap prices. But I would have a two to four month

01:36perspective on that. I would take my time and be patient about buying in because tax law selling

01:40season is about to probably drive some of these even lower in the near term.