(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are looking for opportunities in tech despite the tariff confusion, while the CEO of Janus Henderson shares insight on where investors global investors are looking for opportunity outside the US. Worldwide Exchange Pick: Amazon David Katz of Matrix Asset Advisors said Amazon is trading at an attractive valuation. "We think they are a long term winner and you are buying it at one of the better prices.. in terms of PE in the last 5 years," said Katz on "Worldwide Exchange." He added: "Ultimately we think there is going to be some sensibility eventually arrived at in terms of tariffs. We think Amazon is going to a survivor and ultimately profit very handsomely … but without question there is more uncertainty than usual." According to FactSet, Amazon is currently trading at about 27 time forward earnings compared to roughly 41 times a year ago. Janus Henderson CEO on 'Sell America' Trade Janus Henderson CEO Ali Dibadj said he sees trends that support the belief that there is a "sell America" trade. "We are certainly seeing more interest outside the U.S. than we have almost ever seen before. The U.S. used to be a bastian of stability and certainty, right now people are questioning that," said Dibadj. Janus Henderson has approximately $379 billion in assets under management with approximately 10% of that total in Asia Pacific and 28% in EMEA and Latin America. "You are clearly seeing an opportunity for our APAC investors to ask for being more in Europe actually, a little bit more in Australia and the Middle East as an opportunity," Dibadj added. "In Europe there is no question there is more buoyancy to the market place, a lot of investors that parked money away in the U.S. in passive funds and certainly coming back and seeing opportunities ... in the UK marketplace but continental Europe as well." When the dust settles More signs of a "Sell America" trade are coming from the Bank of America Fund Manager Survey, with 82% of respondents saying they are looking to reduce their exposure to U.S. stocks. Jitania Kandhari of Morgan Stanley thinks the tariff uncertainty is the catalyst but expects it to be a longer term trend. "Once this dust settles, will you really want to own 65% of U.S. equities, which is the weight of the U.S. market of the overall global indices, or would you want to get some capital out?" Kandhari said. "There is some lack of confidence in the growth trajectory here, and the monetary and fiscal policy which is better globally."
