Interactive Brokers’ chief strategist shares his favorite kind of stock to put money in right now — and 3 ways investors should be hedging downside risk in the market

• Steve Sosnick, Interactive Brokers’ chief strategist, doesn’t see a bubble in stocks at the moment.
• Still, investors should hedge risk by trimming exposure, writing call options, or buying puts.
• Sosnick also suggests investing in high-quality, dividend-issuing stocks.

Steve Sosnick doesn’t think the stock market is in a wholesale bubble à la the dot-com era in the late 1990s.