5 Stocks To Buy If The S&P Falls 10%

If the S&P 500 falls 10%, what's the first thing you'd buy? >> I would lean right back into AI infrastructure, assuming that that would pull back as well, because there's still billions of dollars to be spent to build out our infrastructure capabilities, whether it's data centers, whether it's the cooling solutions, the power solutions, the chip manufacturers. If they pull back to that degree, I would look to load up. >> Top three names? >> I would go into Micron. I would go into Taiwan Semiconductor. And I would say Nvidia, but I bring up Nvidia all the time, so perhaps I would expand beyond that and go into Vertiv for cooling solution for the data centers. >> What about if oil hits $100 a barrel again or higher? >> If oil stays above $100 for too long, then you have to start worrying about consumer discretionary stocks and to a degree consumer staple stocks, because that's lowers the disposable income. 70% of our economic growth comes from consumer spending. You want to shift away from those names and into other areas. >> What happens if we don't get the pullback that everybody's been waiting for or the correction that everybody's been waiting for? Do you sit in cash? >> I I do not sit in cash regardless of the outlook. And I don't think there's going to be a correction. Again, I think there'll be multiple short-term pullbacks between now and the midterms. After there's more certainty around the complexion of Congress, after there's more certainty around what the Fed does after their next meeting at the end of October, after there's more certainty with what's going to take place in the Strait of Hormuz, >> Give us the top five names that are on your pullback shopping list. >> I'd start with Nvidia. I would add Alphabet as well. Micron for the memory side, Taiwan Semiconductor for the chip manufacturing component. I still like Vertiv Vertiv, rather, but I think I would add Comfort Systems, ticker symbol FIX, as opposed to Vertiv in terms of the pullback.