Market Overview

Carter Worth's Picks For The Second Half Of 2020


Carter Worth of Cornerstone Macro spoke on CNBC's "Fast Money," about stocks that could outperform in the second half of the year.

iShares NASDAQ Biotechnology Index (NASDAQ: IBB) has been trading sideways for the last three years and it is finally breaking out on the upside. He expects it to continue to move higher.

iShares Silver Trust (NYSE: SLV) could trade much higher, said Worth. He noticed a rounding bottom technical pattern on its charts and he wants to buy it.

Thermo Fisher Scientific Inc. (NYSE: TMO) and Danaher Corporation (NYSE: DHR) have outperformed both SPDR S&P 500 ETF Trust (NYSE: SPY) and PowerShares QQQ Trust (NASDAQ: QQQ) over a five-year period. They are not overdone because they have a lower beta than the market, explained Worth.


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