Despite recent market turbulence, Oppenheimer Asset Management expressed continued optimism about equities in a statement released on Monday. While Wall Street has faced a sell-off over the past month, the firm remains confident in stock opportunities, citing favorable valuations and stock prices as of last Friday’s market close. 

"We remain positive on equities,” even as tariff concerns escalate Oppenheimer noted. The firm believes that, despite ongoing risks tied to trade policy uncertainties, the market still presents opportunities for growth.

The recent volatility, particularly since the S&P 500 hit a record high on February 19, could stabilize if upcoming economic reports, such as the jobs report, exceed expectations. Such positive data would likely counter the pessimism surrounding stagflation, recession fears, and further market declines. 

Furthermore, Oppenheimer highlighted several sectors as favorites for investors, including information technology, communications services, consumer discretionary, financials, and industrials. These sectors are expected to offer strong performance despite broader market headwinds Oppenheimer believes. 

For investors looking to further track these sectors, see a grouping of ETFs below: 

Communication Services ETFs: (NYSEARCA:XLC), (NYSEARCA:VOX), (BATS:IYZ), (NYSEARCA:RSPC), and (NYSEARCA:XTL).

Consumer Discretionary ETFs: (NYSEARCA:XLY), (NYSEARCA:VCR), (NYSEARCA:FXD), (NYSEARCA:FDIS), (NYSEARCA:RSPD), and (NYSEARCA:RXI).

Financials ETFs: (NYSEARCA:XLF), (NYSEARCA:VFH), (NYSEARCA:IYF), (NYSEARCA:FNCL), (NYSEARCA:IYG), and (NYSEARCA:FXO).

Industrials ETFs: (NYSEARCA:XLI), (NYSEARCA:VIS), (NYSEARCA:FXR), (BATS:IYJ), (NYSEARCA:FIDU), and (NYSEARCA:RSPN).

Tech ETFs: (NYSEARCA:VGT), (NYSEARCA:XLK), (NYSEARCA:IYW), (NYSEARCA:FTEC), (NYSEARCA:IXN), and (NYSEARCA:RSPT).