NEW YORK (TheStreet) --Wall Street's top rated financial adviser, named so by Barrons, addressed two key sectors correlating with the past week's Trump Rally: bank and tech stocks.

"Banks are cheap," Morgan Stanley Wealth Management financial adviser Andy Chase said on CNBC's "Halftime Report" today. "If they can show a little growth, due to deregulation, or interest rate upticks, I think you could start putting a 14 to 15 multiple on any bank."

Chase is for sectors benefiting from less regulation. Including banks. However, he cautioned against chasing infrastructure and defense stocks.

"I think [President-elect Trump] is going to have a battle on his hands getting Congress to spend money," Chase argued.

Regarding tech, a sector lagging in the Trump Rally party due to campaign rhetoric, Chase is having a change of heart on the space.

"I like tech; I had not liked tech a year ago, at all. Frankly, there's a lot of this unicorn talk and I'm a simple guy. You buy a business, you're supposed to make money. And I just hadn't seen enough of these companies dropping money to the bottom line," Chase explained.

However, his stance has shifted because "finally you're seeing multiples coming down," he noted, especially in FANG (Facebook (FB), Amazon.com (AMZN), Netflix (NFLX), Alphabet (GOOGL)) stocks.

"In my mind, for the first time in a year, I'm going to start adding money to tech," Chase affirmed.

If you liked this article you might like

Alibaba-Backed Best Inc. Slashes U.S. IPO Price Range

Under Armour's Future Is Bleak for Right Now

Rolling Stone Magazine Sale Would Be Among Biggest Magazine Deals of All-Time

Kroger Short Interest Spikes to All-Time High

Honeywell Relocating Global Retail HQ to Massachusetts