Gross said that as well as IBM and Altria, he likes stocks such as midstream company Enterprise Products Partners EPD.N and pharmaceutical giant AbbVie ABBV.N. U.S. real yields - which adjust for inflation - have been declining in response to the Federal Reserve's aggressive monetary actions over the past few months to limit the economic fallout of the coronavirus pandemic. Gross is referring to a clutch of high-performing stocks: Amazon, Facebook FB.O, Apple, Netflix NFLX.O and Google's parent Alphabet GOOGL.O, according to his spokesperson.