here to trade them is gina sanchez, chief market strategist at lido advisers gina, welcome.al nonetheless. >> yeah. this is a stock that's gotten beaten up with the rest of the financials it has performed in line with other financials and banks and they look effectively like they're pricing in the 2008 financial crisis all over again. however, lido owns this in the dividend growth portfolio. for the dividend, it is a very good value we think that it has just from a dividend perspective, a much higher price that can be supported. >> and that would certainly be a help for the performance's experience this year so far. let's switch gears and talk about -- it's going to happen because we're doing this and best buy bath and body works. what would you do with that stock? >> bath and body works got beat up because they took quite a bit of an investment hit into their supply chain as well as into their customer loyalty program however, we think that those investments will come back over time if you look at bath and body works, they have a -- they have an integrated supply chain that

let's ask gina sanchez with the three buys and a bail. the cnbc contributor gina, welcome.arriott. down 26% from the highs. why are you a buyer? >> so, marriott right now is a stock that they've been telegraphing that they have strong occupancy and that's continuing to improve. one of the things i said is if you want to take your family on a vacation, the only thing that qualifies it as a vacation is the hotel. you can skip the plane, everything else. as long as you get to a hotel, everyone is going to be happy. i think that's the theme is people are trying to save money. marriott has a fantastic offering, obviously. but they're better value than some of the other hotels they're trading at 13 times. rigs it's actually pretty attractive right now >> concerns whether we call if an actual session, a technical session. the lots of real consumer income growth >> that is an issue obviously. and it benefits from business spending where you have less it's not quite as elastic. but even there, you're hearing company as that are reducing their travel budgets as well but marriott is a

thanks for your time gina sanchez >>> coming up, there's a shift in the supply chain. as inflation changes spending hab habits and the details it's having on the holiday. what's on the horizon? the answers lie beyond the roads we know. we recognize that energy demand is growing, and the world needs lower carbon solutions to keep up. at chevron, we're working to find new ways forward, through investments and partnerships in innovative solutions. like renewable natural gas from cow waste, hydrogen-fueled transportation, and carbon capture. we may not know just what lies ahead, but it's only human... to search for it. >>> welcome back cnbc has been tracking the supply chain, and according to companies surveyed, current manufacturing orders are down as much as 20 to 30%. cnbc's senior editor is here onset with me. she's got the very latest and where are logistics managers seeing the pullback? >> in lumber, in home decor. they're seeing it in furniture and big appliances >> and where is this in particular, that hit home? >> in terms of ---ing. >> the supply chain, china, ma

the drinks are empty gina sanchez, thanks very much we appreciate your time today. >> time to go fill your glasses, everybody. thanks for watching "power lunch. >> and "closing bell" starts right about now. see you next week. >>> the dow falling nearly 300 points and the nasdaq plunging by more than 2% with the major averages on track to close lower for the week the most important hour of trading starts now welcome to "closing bell." i'm mike santoli in for sara eisen. the s&p 500 down 1.4%. that's down about 1% of the week so it's hanging on to most of last week's 6.5% gain. the s&p 500 right around 4100. nasdaq the underperformer, apple, tesla, pretty big drags on the nasdaq today. it is a pretty broad-based pullback, though, with every sector but energy in the red right now for the day. you see the worst three, discretionally, communication services and tech. coming up, henry mcvey is cautious on this market but he will reveal where he does see buying opportunities plus the ceo of footlocker explains his plan for growth as nike moves to a direct-to-consumer strategy. >>> stocks fal

sanchez. she is a cnbc contributor and all around nice person gina, welcome back to the program. i blew it for the markets. we are green on a wednesday. is it inflation? is it the fed? is it earnings what will be the next major catalyst for these supermarkets? >> the fed is largely priced in. if you look at the s&p and where it has gone. the problem with the fed stimulus with the last two decades is it did not find its way to inflation until just recently it found its way into asset price inflation. if you look at average pes, it used to be at 16 around 14 to 15 times. 16 times is where we thought fair value was before the great financial crisis and before the pandemic we went all the way up to 20 now we're back down to 18. the markets have started pricing in tighter fed policies. in some ways, that is absorbed into the markets i think right now, the markets are now just trying to figure out if oil prices remain high, do we get tipped into a recession? that is the big question at the moment >> our rbi the other day had what they call the rule of 10. when mortgage rates and gas pr

sanchez. >> it's great to be back in studio again. maria: thanks for coming on set. you had ginak on social media that is against this climate agenda. give us the impact on the banks p. >> you know, maria, look, this is another failed policy of the biden administration. they couldn't get a law passed through congress. so what do they do? they try to use the agencies done through rule. they're using the s.e.c. and bank regulators to enforce their green policy on our industry and many other industries and this by the s.e.c. is an incredible intrusion that will delist -- we have over 600 banks that are listed on different -- on the nasdaq and others and it will delist them and the countless others that will not register with the s.e.c. and become publicly traded. we need community banks to grow and a great way to do that is by raising the capital in the public markets and being listed and being s.e.c. registered. maria: gamings wrote about this in the -- james wrote about this in the journal a number of times. you're saying the companies will have to he delist. why. walk us through