In today's segment of Good Buy or Goodbye, Yahoo Finance's Julie Hyman is joined by Barron's Markets Reporter Jacob Sonenshine to discuss his portfolio picks to buy and avoid within the materials and energy sectors.
Sonenshine recommends Air Products and Chemicals (APD) as a stock to buy, expressing confidence in its recovery prospects. Sonenshine foresees growth opportunities for the industrial supplier in regions such as Asia, which has previously put pressure on the stock, as the year progresses. APD's "sensitivity to the economy" is mitigated by the company's fixed contract model, Sonenshine explains. Lastly, Sonenshine emphasizes the chemical maker's investment in clean hydrogen, describing it as "a huge opportunity."
On the other hand, Sonenshine advises investors to avoid energy giant ConocoPhillips (COP). He cites oil prices (CL=F, BZ=F) as a headwind for the company, stating that the stock "it's baking in higher oil prices." As businesses increasingly transition toward clean energy, Sonenshine says ConocoPhillips "is not up there" with companies making significant efforts to shift their focus. He cautions that "it's gonna take time" for tangible progress.

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