Worried about stagflation? One expert reveals his top stock picks to play the market right now

Source
ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry.
SOPA Images | LightRocket | Getty Images

Concerns around "stagflation" and a pullback of central bank stimulus mean investors should be looking at companies with pricing power, as well as finding ways to hedge against potential volatility, one chief investment officer has told CNBC.