Gina Sanchez on Trading Nation: Lido’s Recovery Portfolio
Lido Advisors Chief Market Strategist Gina Sanchez appeared on CNBC’s Trading Nation and discussed Lido’s Recovery Portfolio with respect to the rally in travel trade and top retail earnings to watch in the week ahead.
Speaking about Las Vegas Sands, Sanchez said, “If you want a way to play China and the travel recovery in the United States, this is an interesting one. They hold one of only six licenses in Macau and we think the upside potential here is really interesting and they are very attractively priced right now.”
In a segment with CNBC’s Josh Lipton, Sanchez also spoke about top retail earning reports to watch in the week ahead. “We’re actually focused right now on Target. The Lido Recovery Portfolio has established a position in Target, and if you look at Target’s performance they have just crushed it during the pandemic,” she said.
“They have had very strong sales, but they have also upped their ecommerce game… It’s a massive part of their story and the outlook for Target is getting better. And yet their valuations are actually better. They are more affordable than other comparables; they have bigger margins. So, on the whole we think that Target is something to watch.”