Name: Tom Lee: Wise to buy the dip after Greenland tariff anxiety
Uploaded: 2026-01-21T21:11:31+00:00
Duration: 326 s

Speakers

Tom Lee — Managing Partner & Head of Research, Fundstrat

Scott — Host

Summary

Tom Lee of Fundstrat joined CNBC's Closing Bell after news of a NATO/Greenland framework and no February 1 Europe tariffs. He said the news diffused investor anxiety and made it wise to buy the dip, while staying invested and expecting a strong finish to the year. Lee prefers fundamentally strong companies with earnings visibility and warns against White House policy targets like credit card issuers and institutional single-family home buyers. He also flagged data centers' electricity consumption as a policy risk to watch and discussed Fed independence.

Market rallied on a Greenland/NATO framework and no Feb. 1 Europe tariffs.
Tom Lee said the news diffused fear and favored buying the dip.
He advised staying invested and expects a strong year-end finish despite possible mid-year drawdown.
He prefers fundamentally strong stocks with earnings visibility or structural support.
He would avoid companies in the White House policy bullseye, including credit card issuers and institutional single-family home buyers.
He flagged data centers' electricity consumption as a potential policy risk to watch.
Fed independence and a possible new Fed challenge were discussed as market risks.

Ideas

Tom Lee Managing Partner & Head of Research, Fundstrat 0:49

Buy the dip in US stocks.

The Greenland/NATO framework and lack of Feb. 1 Europe tariffs diffuse the anxiety that had investors fearing a repeat of 2025's 20% drawdown, so it is wise to buy the dip in US stocks. He advises staying invested rather than going to cash, cites historical waterfall declines not followed by recession and VIX 60 episodes as seeing symmetric recoveries, and expects a strong finish to the year even if a mid-year hiccup occurs.

Tom Lee Managing Partner & Head of Research, Fundstrat 1:51

Buy quality stocks with earnings visibility.

The specific dip to buy is in fundamentally strong companies with good earnings visibility or a structural reason to be long. If those stocks were sold indiscriminately and are 10% cheaper, they are still the same great companies, making the selloff a buying opportunity.

Tom Lee Managing Partner & Head of Research, Fundstrat 2:09

Avoid credit card issuers, single-family home buyers.

Avoid companies in the bullseye of White House policy because the administration picks winners and losers and may act against companies blamed for consumer pain. This year he specifically flags credit card issuers, where there could be action on credit card bills, and institutional buyers of single-family homes, where housing prices are the issue.

Tom Lee Managing Partner & Head of Research, Fundstrat 3:02

Watch data centers' electricity policy risk.

One potential White House policy risk to watch is data centers and their electricity consumption. If the administration views data centers as contributing to rising electricity bills for Americans, it could take action, making the theme a monitoring risk rather than an active short.

This CNBC video, published January 21, 2026, features Tom Lee discussing SPY, Fundamentally strong stocks, Credit card issuers, Institutional buyers of single-family homes, DTCR. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Tom Lee · Tickers: SPY, Fundamentally strong stocks, Credit card issuers, Institutional buyers of single-family homes, DTCR

Tom Lee: Wise to buy the dip after Greenland tariff anxiety

Summary

Ideas

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