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Bloomberg Invest 2023 (Podcast)

Bloomberg Intelligence

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The Importance of Quality in Stocks

Paul Sracic: I'm seeing a market here in where I've got seven stocks basically driving the entire bus for the S&P 500. The interesting thing though is if you do look underneath and find time to dig around, there are some really interesting stocks," he says. "For us, that's really balance sheets. Do they have free cash flow? Can they support and direct their own future?" 'I know people are tired of hearing it, but when you have uncertain futures like we do now ... nobody really knows what’s going to come next,' Paul adds.

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