Tengler: Invest in Old Economy Companies Embracing New Technology
Nancy Tengler, CEO and CIO of Laffer Tengler Investments, joins Bloomberg’s “The Close” with Alix Steel and Katie Greifeld to discuss earnings and her strategies for choosing stocks. Tengler’s advice: invest in “old economy” companies embracing new technologies like digitization, cloud computing, and generative AI. During the interview, she also emphasized rotating within S&P sectors, as small-cap stocks have underperformed significantly over the past 20 years, and she sees potential in large-cap tech companies like Google and Microsoft due to their strong balance sheets and free cash flow.
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