4 stocks to WIN the bull market! | Josh Schafer
Full Signal
Phil Rosen
4.8 • 18 Ratings
🗓️ 7 May 2026
⏱️ 23 minutes
🧾️ Download transcript
Summary
Josh Schafer is an investment writer at Barron's. He joins Phil Rosen on Full Signal to discuss the charts driving the macro outlook, and four specific stocks that his team is bullish on right now.
This episode is sponsored by Public: https://public.com/openingbell
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TIMESTAMPS:
0:00 - Intro
0:20 - Earnings paradox
2:52 - Estimate revisions accelerate
4:38 - AI capex hits $1 trillion
7:10 - AI is the new macro
8:37 - Intel
12:24 - Sterling Infrastructure
14:48 - Palo Alto Networks
16:56 - Casey's General Stores
20:23 - 2026 market outlook
23:00 - Where To Find Josh Online
Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.
#podcast #investing #markets #macro #stocks #bitcoin #fed
Transcript
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| 0:00.0 | I am sitting down with Josh Schaefer today. |
| 0:02.0 | He is an investment writer at Barron's and we go over multiple charts and four specific stock picks that he brought to the table today, including two that I have never actually heard of. |
| 0:12.4 | This is a fantastic conversation full of specific actionable alpha, and I think you're going to love it. |
| 0:19.8 | Josh, everyone's talking about earnings right now because pretty much every company is crushing |
| 0:23.7 | expectations. |
| 0:25.0 | But you share this great chart with me that kind of shows the counterintuitive approach to |
| 0:30.1 | this. |
| 0:30.3 | What's going on here? |
| 0:31.5 | Yeah. |
| 0:31.7 | So this chart, Phil, is from Saveter Supermanian, who is the head equity strategist at Bank |
| 0:37.1 | of America Securities. I recently |
| 0:38.4 | interviewed her and we were chatting about this chart. So I chose to put it in my substack. And |
| 0:42.8 | what Savita sort of points out within that chart is the best earnings years are not actually |
| 0:49.4 | the best years for stock returns. So if you look at the chart, working your way from left to right, |
| 0:54.7 | what you're looking at is a negative earnings year and then small earnings growth, a little bit |
| 1:00.0 | better earnings growth, all the way up to the top quintile of earnings growth, which this year, |
| 1:04.9 | now that you're looking at the S&P 500, expected to grow 21% year over year, would fit into that part of the chart. Now, why is that? |
| 1:15.6 | Because at some point, expectations just essentially get too high. And so what Savina and I |
| 1:20.1 | chatted about a lot is when you think about this market right now and where can surprises come from? |
| 1:26.4 | Are surprises going to come and surprise you negatively or surprise |
| 1:29.4 | you positively? So in the first quarter, and we're talking about earnings here, S&P 500 surprises |
| 1:35.0 | did come excessively positively. So the S&P 500 is expected to report year-over-year earnings growth |
... |
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