It's time to avoid Facebook (FB) , Amazon (AMZN) , Netflix (NFLX) and Alphabet (GOOGL) , according to David Bahnsen, chief investment officer at The Bahnsen Group of HighTower Advisors.

Bahnsen sees opportunities in other sectors like energy and financials amid the Trump Administration's deregulation plans.

Within energy, he likes Schlumberger (SLB) , Enterprise Products (EPD) and Enbridge (ENB) .

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