MSR in the Media | Morning Trade Live: An Interview with James Demmert

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The healthcare sector is a great place to be, says James E. Demmert, Founder and Partner of Main Street Research. He points to the low valuations, consistent earnings growth, and great brand names. He and Oliver look at the steep incline in the chart of McKesson (MCK). He thinks the growth rates are there for biotech, and we may see a rally later in the year. He also likes regional banks. He discusses Berkshire Hathaway and says it is well run.