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Falling shares are likely to keep sliding in the near-term, cautions David Sowerby -- so hold off on bottom-fishing for stocks.
Instead, the chief market analyst and portfolio manager at Loomis Sayles names stocks that will constinue to benefit from capital spending, which is still growing in some sectors desite the credit crunch.
Sowerby is overweight tech stocks, including Corning [GLW
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The analyst likes Cisco Systems [CSCO
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