The One Piece of Advice When Shopping for Value This Earnings Season

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Looking to find value in a market driven by earnings season?

Tony Owusu, reporter for TheStreet, who's been focused on earnings season and Ernesto Ramos, portfolio manager at the BMO Volatility Equity Fund weigh in on earnings season.

"Well, it's very important to stay focused on the fundamentals. And the companies that are doing well today are companies that are a little bit less prone to being affected by the trade war and other macroeconomic or geopolitical events. For example, Waste Management (WM) - Get Report , which we hold in the BMO Low Volatility Fund, Baxter International (BAX) - Get Report , which is a healthcare company we also hold in the BMO Low Volatility Fund as well as AutoZone (AZO) - Get Report . These are companies that are more domestically focused and the derived their earnings from a more defensive part of the economy that is not as subject to a potential economic slowdown or the trade wars. The important thing is not to overpay for these earnings. So in our fund, we're very mindful of the way we value these companies and making sure that we don't overpay for the strong results that they are delivering," said Ramos.

Watch the full video above for more. 

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