Brian Belski, founder of Humilis Investment Strategies, has spent three decades on Wall Street, leading strategy and research teams at BMO, Oppenheimer, Merrill Lynch and elsewhere. He joined Phil Rosen to discuss the outlook for 2026, what sectors and stocks he likes best, why small- and mid-cap names could rally, and more.

This episode is sponsored by Public: https://public.com/openingbell

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

Timestamps:

0:00 - Intro

0:27 - Secular bull market

4:09 - Bullish on AI

8:04 - Stock picking in ‘26

12:19 - Growth vs. value

14:01 - Public & Generated Assets

15:06 - Small, mid-cap stocks

19:03 - Financials 

20:59 - Portfolio weightings

22:06 - Tech stocks

24:51 - $LULU

27:02 - Utilities stocks

29:40 - $OKLO $COST

30:58 - Energy

31:46 - Macro outlook

33:25 - US-bias portfolio

38:52 - Brian’s work & Humilis 

Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.

#podcast #investing #markets #macro #stocks #bitcoin #fed