(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors on Tuesday are focusing on opportunities in individual stocks as tariffs continue to spark volatility. We also look at the potential impact of auto tariffs on US jobs and the economy. Worldwide Exchange pick: AIG Jay Woods of Freedom Capital Markets said insurance giant AIG is a great buy for the current market environment. “It’s got great relative strength within the index, it’s the best in class,” he said. They have an AI story as well.” “Those premiums are not coming down any time soon and from a technical perspective this stock looks great,” he added. Stock picking with the threat of lower foreign sales Vance Howard of Howard Capital Management said the first-quarter earnings season could be negatively impacted by tariffs as they pressure overseas sales. “People have all these unknowns, they don’t know how to game the market right now because they don’t know how it’s going to impact our international partners or domestic partners… until we get this off the table I would be incredibly cautious I would sit on a lot of cash.” But even even with that uncertainty, Howard said JPMorgan Chase , Spotify and Stride are good buys in the current market. Auto tariff impact on the economy Ellen Hughes-Cromwick, former chief economist at Ford Motor, said auto tariffs could push inflation to 5% by mid-2025 and possibly cause a recession. “You are going to see a lot of pressure on the system,” said Hughes-Cromwick. “We only produce about 10 million units here in the U.S. and the run rate on sales is now about 16 million.” “You have a lot of vehicles that will cost 25% more, that will get passed along,” she said, adding: “Vehicles are going to get more scarce and when they get more scarce a seller has the option to raise the price, that is a huge concern.”
