They made a special exception on the Market Navigator segment - allowing me access to the studio so I can talk shop with Dom Chu himself! First off, anything but NVDA!!! It's a running joke at CNBC that all anyone wants to hear about is the AI bellwether.
Nope, we went straight to RHI, staffing agency Robert Half International. Why? It's fascinating! This stock has a huge correlation to the JOLTs surveys. In plain English, when employment volatility heats up either because of a recession or a hot job market - this stock has done well. Big bow to Jesus my analyst for first discovering this correlation.
Then the producers gave us some bonus time so we went right into TTD - The Trade Desk. The largest independent digital ad sales firm, has ben eviscerated this year due to perceived competition from AMZN and connected TV ads coming down in price. I agree! But ask yourself, AMZN just made the pie bigger with their ad supported Prime Video - along with Hulu and Netflix. We are back to the future where watching TV involves ads. Right in time for a stressed consumer looking to save money. Time will tell.