By Gus McCubbing
Publication Date: 2026-03-05 06:48:00
As conflict rages on in the Middle East and investors wait for the next catalyst that will spark either a dramatic stock market rally or a prolonged period of volatility, strategists are beginning to recommend a new trade: “HALO” stocks.
The term was defined last month by Josh Brown, chief executive of Ritholtz Wealth Management in the US, as companies with “large assets and low obsolescence” and refers to “old economy” stocks that have been little affected by the Iran war or are at risk of disruption from artificial intelligence.
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