This sector is 'not expensive by any stretch,' investing expert reveals

Fox Business | March 18, 2026 at 11:16 AM UTC
Bullish 85% Confidence
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Key Points

  • Fed's interest rate decision tomorrow is expected to be a pause, but the market will focus on Chairman Powell's language and outlook for future rate cuts.
  • The tight link between oil prices and inflation, prevalent in the 1970s, is now thinner due to changes in labor contracts and unionization.
  • The technology sector, including the 'Magnificent Seven' stocks, is considered undervalued by 10% relative to 12-month forward earnings, with mid-teens earnings growth expected.
  • Ablin's stock picks include CH Robinson Worldwide (CHRW), Chubb Corp (CB), and General Dynamics (GD), all noted for strong cash flow and dividend growth.

AI Summary

Jack Ablin, Founding Partner and Chief Investment Strategist at Cresset Capital, discusses the Fed's upcoming interest rate decision, the weakening link between oil prices and inflation, and the outlook for the technology sector. He highlights that the market is currently anticipating only one rate cut this year, but he believes the Fed should reinstate two. Ablin also shares his top stock picks, focusing on high-quality companies with strong cash flow and consistent dividend growth.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 85%
Consensus Bullish 85%