Dow Books Fourth Straight Day of Losses as Stocks End Mixed -Interview
May 11, 2022
“You’re going to continue to see companies like Peloton PTON, -8.70% get punished over earnings misses,” said Tim Pagliara, chairman and chief investment officer at CapWealth Advisors, by phone Tuesday. “I wouldn’t get too excited about anything that’s happening in the broader market because there’s still a lot of danger” in individual stocks that have been “so very, very overvalued.”
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