Stocks Could Pull Back in September — Here's What Joe Tigay is Buying

• September pullbacks are seen as buying opportunities, not the end of the AI rally, with a long-term bullish view on the market.
• Inflationary pressures (oil prices above $90) and the upcoming jobs report are critical short-term factors influencing interest rate expectations.
• A low VIX (around 15) indicates market complacency, suggesting investors should consider adding downside protection.
• Top picks include Alphabet and Amazon, which are seen as key infrastructure players in the AI space, while Palantir's current valuation makes it less attractive than in March.

Joe Tigay views potential September market pullbacks as buying opportunities, maintaining a long-term bullish outlook driven by significant AI infrastructure spending from large tech companies. He acknowledges short-term risks like inflation and market complacency but advises investors to be tactical and patient in deploying capital into quality names.