Schwab Network

Don Nesbitt’s Picks: ABBV, MDT, MSFT


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Don Nesbitt looks ahead to the Fed press conference this week and to 4Q earnings season, which begins in about a month. He’s also noticing rotation within the market out of big tech. His stock picks include AbbVie (ABBV), as he likes healthcare overall and thinks it has good growth prospects. Another is Medtronic (MDT), which has a “well established moat” and “good earnings visibility.” Microsoft (MSFT) “had a stellar report,” and he sees further upside.


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