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(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are looking for opportunities in the consumer discretionary sector. Plus, one strategist sees more upside in gold. ‘Worldwide Exchange’ picks: Constellation Brands (STZ) and Starbucks (SBUX) David Katz of Matrix Asset Advisors likes Modelo and Corona importer Constellation Brands after beating on earnings and reiterating its full year guidance. Katz also said the company has an attractive valuation at 12 times forward earnings. “We don’t think their business is going to turn for about six months, but at this price, you’re getting paid to wait,” said Katz. He also likes coffee giant Starbucks , seeing upside in its turnaround under CEO Brian Niccol. “We think he’s doing a real good job of turning around a company,” said Katz. “There are always issues when you turn around a company, you’re getting paid almost a 3% yield while you wait there. We do think there’s a good likelihood for success. We think consumers are definitely struggling right now, but we don’t think that’s going to continue indefinitely.” View on gold at highs Ed Clissold of Ned Davis Research said with markets at all time highs, gold continues to look attractive even as it is trading near all time highs. “Gold has been one of our favorites,” said Clissold. “The Treasury Department for the first time since before Robert Rubin was Treasury Secretary (from 1995 -1999) has a very strong stated policy of wanting a weaker dollar to boost the manufacturing sector.” He added: “Gold being the world’s oldest currency seems to be a place for investors to hide.” Opportunities in consumer discretionary Jimmy Lee of Wealth Consulting Group sees upside with travel and leisure stocks. While the consumer discretionary sector is only up 5% year to date underperforming the market, Wynn , Royal Caribbean and Carnival are outperforming the market. “I’m not saying every stock,” said Lee about the sector. “There’s casinos in there, auto parts stores, cars, there are certain areas you expect to do better.” New money: Large-cap stocks Doug Boneparth of Bone Fide Wealth said he’s advising clients looking to put new money to work to focus on large-cap stocks. “If you’re talking about my clients, we are talking 80/20 portfolios up to 100% equity portfolios so these are folks with a decade, even multiple decades of time on their side. The allocation we are typically seeing is 35% large cap U.S., 20% in international developed and another 5% to 7% in emerging market,” he said. The remainder is in small to midcap stocks and in some cases bonds, he said. ( Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here . )
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