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Chris Zaccarelli on Why Earnings Matter More Than Oil and Geopolitics
Description
Chris Zaccarelli says strong earnings growth continues to support the market even as geopolitical risks and elevated oil prices fuel caution. He looks ahead to Magnificent Seven results from Microsoft (MSFT), Alphabet (GOOGL) and peers, while recommending a market‑weight stance on tech due to stretched valuations. Zaccarelli favors industrials and financials, highlighting potential upside for transportation names like Union Pacific (UNP) and investment banks such as JPMorgan (JPM) and Goldman Sachs (GS).
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