Investors should focus on high-quality dividend payers in a volatile market due to trade policy uncertainty, according to Tom Hulick, CEO at Strategy Asset Managers. Hulick advises investors to be patient and wait for clarity on trade tariff talks before making any major moves.
In an interview with CNBC’s “Power Lunch,” Hulick discussed his views on three stocks: Goldman Sachs, JPMorgan Chase, and Chevron. He believes Goldman Sachs has a stronger opportunity due to its surge in equities trading revenue, but prefers JPMorgan Chase due to its strong earnings despite headwinds from tariffs.
Chevron stands out as a high-quality dividend payer with a yield of 5% and 38 years of consecutive increases. Hulick sees this stability as attractive in uncertain times, particularly for generating income for clients.
In contrast, PulteGroup is not favored by Hulick due to its reliance on declining interest rates. He advises investors to wait for a better opportunity to get constructive on the company.
Hulick’s advice emphasizes the importance of discipline and optimism in navigating market uncertainty. He remains hopeful that the year-end will be strong, driven by interest rate cuts.
Source: https://www.cnbc.com/2025/04/22/stick-to-high-quality-dividend-payers-amid-tariff-turmoil-investor-tom-hulick-says.html