Skip navigation
Watchlist Sponsored By :

Current DateTime: 05:33:01 21 Nov 2008
LinksList Documentid: 24890560
  • Risk & You

      It's a risky world out there. Whether it's investment or retirement, career or home you can take steps to lower your risk profile.

  • Wall Street In Crisis

      With shock after shock to the world's financial system, the credit crunch continues to drive a major reconfiguration of the Wall Street landscape.

  • Protecting Your Portfolio

      Credit Crunch. Recession. Bear Market. There's a triple threat out there for investors. Here's a guide to managing your money.

Andrew Fisher | 20 Feb 2008 | 12:02 PM ET
Text Size

Picks and Pans

Robert Zagunis of Jensen Asset Management has been looking over the horizon, and at a time of general market turbulence, skepticism, and fear, he sees buying opportunities in companies in sectors as diverse as financials and food.

"I think that economic cycles are inevitable," he told CNBC.  "There are opportunities, and...that's where some of the long-term investors should focus."

How do those opportunities work into his strategy?

"We look at companies that have a very strong international position, because it mutes the impact of the U.S. economy," he said.  "Certainly, the financial sector has been battered so badly that there's some good opportunities there.  There's also some companies that have a strong cash flow, that take the opportunity when there's crisis in the industry or the economy to strengthen their market share, and we see that as a good opportunity as well."

What looks good in the financial sector, and among those companies growing market share?

"We like Wells Fargo [WFC  Loading...      ()   ], and have, for quite some time," Zagunis said.

"Certainly, on the theme of growing market share, there's...the food distributor Sysco

[SYY  Loading...      ()   ], which has had a tough time in the market, but at the same time, it's developing its regional distribution centers, and that's taking market share away from its competitors, so as soon as there's a little bit of strength in the economy, they'll be very well positioned."

© 2008 CNBC.com

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis