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. The future price disparity of Microsoft MSFT.O, Apple and Amazon "is subject to an ongoing decline in real rates, which to my mind, have seen their best days," Gross said.