He also discussed Wedbush's best ideas list: 23 stock picks that have beaten the market YTD.
As for the Fed, Merritt isn't particularly concerned about whether it cuts or hikes rates once again this year.
The best stocks to buy nowBroadly, Merritt is neutral on equities, primarily because of the opportunity investors have to profit from bonds.
Merritt also pointed to Wedbush's Best Ideas List, a collection of the highest-rated equities selected by Wedbush analysts.
Wedbush's 23 best stock picks are below, along with each company's ticker and the price target it has been given by a Wedbush analyst.
Persons:
Kevin Merritt, Merritt, Jerome Powell's, Jackson, What's, it's, Merritt isn't, Wedbush's, ~ ~$ )
Organizations:
Wedbush Securities, Federal Reserve, Investors, Fed
Locations:
Ukraine, China, Taiwan, Russia