Guild: Tariffs in or out, companies are being forced to operate more efficiently

• The market is currently a 'stock picker's market' with elevated volatility expected, suggesting opportunistic profit-taking on big pops.
• Favors oversold consumer names (Lululemon, On Holdings, VF Corp) and regional banks, noting their operational efficiency and potential for M&A.
• Regional banks are seen benefiting from US economic strength and deregulation, potentially outperforming larger banks facing pressure on lending and buybacks.
• Robinhood retail investors actively trade popular names like NVIDIA and Tesla, often selling into strength, which can contribute to market volatility.

Robinhood CIO Stephanie Guild discusses market volatility, advising profit-taking on big pops while maintaining conviction. She favors oversold consumer names and regional banks due to efficiency, deregulation, and M&A potential. Retail investors on Robinhood actively trade swings in popular stocks like NVIDIA and Tesla, often selling into strength rather than simply buying dips.