(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 are looking for opportunities in the retail sector with a focus on jewelry and the dip in high beta names tied to the artificial intelligence trade. Worldwide Exchange pick: Signet Jewelers (SIG) Erin Gibbs of the Slatestone Wealth sees big upside in Signet Jewelers going into the holiday season with a near-term tailwind of the government shutdown ending and workers getting back pay in time for holiday spending. “The holidays, we see a lot of jewelry buying for obvious reasons. People want to buy their loved ones gifts and things like that,” said Gibbs, who sees a longer-term tailwind from higher tax returns in 2026. Piper Sandler is projecting a record tax refund season with more than $90 billion in what the firm calls “tax relief” with higher refunds and lower taxes owed. Gibbs sees Signet as a direct beneficiary with Valentine’s Day in February. “There is a propensity to spend your refund. People don’t tend to hold on to it, it’s like it’s a bonus, it’s a gift story,” she said Gibbs also likes the company’s growth into e-commerce with the James Allen and Blue Nile brands as subsidiaries of Signet. Signet shares are up 25% this year, outpacing the S & P 500’s 14.5% gain in that time. Retail investors and buying the dip Over the weekend, CNBC’s Michael Santoli pointed out three big questions for the bull market the state of the AI trade, the Fed’s policy path and 2026 policy questions. But even with these questions, Carin Pai of Fiduciary Trust sees retail investors continuing to buy the dip. “I do think that investors still may have the fear of missing out, they’ve seen the really strong returns out of technology, stock technology in the long run, right?” said Pai. “I do think that investors are probably still currently in the buy the dip mentality, especially retail investors … until you really start to see some of these small details become bigger issues and bigger cracks that create more fear in the market. I don’t see that happening,” At this point, it seems as though the economy is still tracking pretty well.” Opportunity in nuclear stocks The recent decline in nuclear and uranium stocks is a buying opportunity for investors who are bullish on the AI trade, according to Jimmy Lee, CEO of Wealth Consulting Group. “‘I’m bullish on power, that’s the biggest unknown. I don’t think the AI spends going to slow down. That’s not going to happen. So will there be enough power to use the chips that are being sold?” said Lee, whose top pick in the space is Oklo — which is lower over the past month. “I think for the long term investor, you look to try to get into some of these assets after they sell off like this.”
