he's hank smith, chief investment officer at haverford investments. >> hank, why should investors feel good about these pull backs? >> pull backs and corrections are a healthy process of a normal bull market. they're used really -- they're healthy really because they flush out excesses. and that's exactly what is happening today, susie. look at the nasdaq. look at the former high flyers in biotechs and social media. they are getting their socks knocked off them. that is good. that's really where the only speculative excesses have been. will this carry into next week? perhaps. but we do think it will be short-lived because there's a ton of cash on the sidelines that has missed this bull market, and they're looking to get in. >> let's pin you down, hank, on what you would buy right now. if these are stocks that you like you can give us a sense of why you like them. they're all brand names. starting with ww granger. >> sure. so they're a leading distributor of maintenance and repair and operating products. they have number one share in the united states, which is only 6%, so there's plent

hank you. >> some bay area homeowners are still cleaning up after their homes were damaged from some of the lightning strikes. >> christie smithoins us live in berkeley. one snapped a redwood in half. >> reporter: good morning to you. i have to say this weather is starting to turn on us. we're starting to see more clouds and hearing thunder and also am rain has started. i wanted to show you what happened here from that lightning strike. hit this tree you see, how else can you describe it. just blew up and sent wood debris all over. one branch big enough to smash the front end of this minivan in berkeley at holly and buena avenue. bark on the roof next to the tree, the home next to the tree has a red tag that says unsafe. it's got red tape up this morning. this happened around 1:20 in the afternoon. neighbors tell us that the lightning was bright and loud. >> i saw wood scattered everywhere so i thought our roof exploded. then i looked over at this tree that used to be 80 feet tall and it's only 20 feet tall now. and i realized that the tree had been hit by lightning and exploded. >> reporter: i wanted to show you a google stre