Bloomberg Surveillance · Tuesday, September 1, 2026
David Katz highlights utilities and consumer discretionary sectors as areas of interest for investment, noting that companies like AEP and NextEra Energy, despite recent pullbacks due to higher interest rates, are long-term energy winners. He also sees potential in consumer discretionary names like Home Depot and Lowe's, anticipating a turnaround in the housing market.
“So groups that have really pulled back. Utilities started the year hot. Of late, they've had a very bad So August. So right now they're pretty much flat for the year.”
“Companies like an AEP or NextEra Energy are going to be long term energy winners because of the AI build out.”
“Consumer discretionary like a Home Depot or a Lowe's. Really good businesses. At some point, the housing market's going to turn around.”