Key insights
- A market expert identifies potential long-term opportunities in Toast and GE Aerospace, despite current market conditions. Toast's growing adoption of its restaurant POS software and GE Aerospace's exposure to airlines, transport, and engines are cited as key drivers for future growth. This suggests a selective bullish outlook on specific growth stocks within the technology and industrial sectors.
STORY: "I think that there's a lot of opportunities out there for stocks that have long-term, compelling stories but are really getting beaten up or ignored in this market," she said. Miller points to Toast, which provides point-of-sale software that helps restaurants process orders and payments, saying growing adoption of the technology could support the stock long term. She also likes GE Aerospace, citing its exposure to "airlines, transport and engines" as a driver of future growth.