Choppy stock trading to spill into Q2, experts say – CNBC.com

Choppy stock trading to spill into Q2, experts say – CNBC.com

Stocks have been “bipolar” and will likely see a pullback in the coming months, Kilburg said.

“I think people are getting really cautious and preparing for this summer because there’s going to be more and more tumult,” he said.

Jason Pride, director of investment strategy at Glenmede Trust Co., said markets remain on “life support” as the Fed sustains a near-zero interest rate environment. He believes stocks look overvalued but will continue to move higher in the long-term.

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Aggregate indices hold no value in the current market, said Anastasia Amoroso, global market strategist at JPMorgan Funds. Individual stocks or sectors provide the best opportunity currently, she said.

She added that consumer-driven stocks, including automotive and home builder names, will likely see the best growth for the rest of the year.

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Choppy stock trading to spill into Q2, experts say – CNBC.com

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