Noah Blackstein, portfolio manager for Dynamic Mutual Funds, told CNBC’s “Squawk on the Street” that he believes stocks are undervalued and the market can go higher.
“I think the market becomes more selective,” Blackstein said Tuesday. “I think the shift in the market goes more toward some of the growth stocks which we’re seeing in the last month or two start to lift from their bottoms. Overall, especially for the growth parts of the market, I’m excited.”
Blackstein said he believed Google is undervalued.