Skip navigation
Watchlist Sponsored By :

Current DateTime: 05:17:25 24 Jul 2008
LinksList Documentid: 24355697

Current DateTime: 05:17:25 24 Jul 2008
LinksList Documentid: 24890560
  • Texas is Tops in 2008

      Texas knocked out last year's top state for business, Virginia. How did your state fare in our annual study?

  • Powering the Planet

      Energy has become the most common denominator in the global economy. Ultimately, it may be the great unifier. After all, imagine a world without energy, affordable energy.

  • Apple & The New iPhone

      Second acts should not be taken for granted. Apple and Steve Jobs have yet to make that mistake and they're unlikely to do so with the launch of the new iPhone.

By Brooke Sopelsa, Video Producer | 28 Feb 2008 | 11:34 AM ET
Font size:

With a declining dollar and Thursday's weaker-than-expected economic data, the markets can seem a little scary. To ease investors' fears, CNBC asked the experts where they would put their money.

Betting on Cyclicals

“I'm gravitating more toward the early cyclicals.  I might be early and a little wrong before I’m right, but I’d be in technology.  Corning [GLW  Loading...      ()   ] I think is a very good name that’s more consumer-related within technology, with the liquid crystal displays for the flat-panel screens.  Likewise on the consumer side, [I like] names like DirecTV [DTV  Loading...      ()   ].  Spartan [SPTN  Loading...      ()   ] is a safer name; that’s a retail food store here in Michgan –- smaller-cap name but one I like very much.”

- David Sowerby, Loomis Sayles & Co.

Weak Dollar Plays

"You’ve got three traditional ways to play a weakening dollar.  One is your U.S. multinationals ... your Procter & Gambles [PG  Loading...      ()   ], your Cokes [Coca-Cola] [KO  Loading...      ()   ], McDonald’s [MCD  Loading...      ()   ] -- they have extensive overseas revenues … The other way to go is to go overseas yourself.  Buy into a European sector fund, where those companies, particularly a small-cap European sector fund, where they’re getting most of their revenues in the euro … Another way to go is just your traditional commodity plays, and of course in the stock market that basically means your energy companies, because as the dollar depreciates, things like gold, copper and oil are all going to go up -– your Chevrons [CVX  Loading...      ()   ], your Conocos [COP  Loading...      ()   ], your Freeport McMoRans [FCX  Loading...      ()   ] -– those are all good plays for a weakening dollar scenario."

- David Dietze, Point View Financial Services President & Chief Investment Strategist

Trading Dell Ahead of Earnings

“We think Dell is attractive with a long-term horizon.  The next few months could be choppy for tech stocks in general.  Dell [DELL  Loading...      ()   ] does have high U.S. enterprise exposure; 62 percent of revenues from the Americas, for example, but I think that Dell has a real chance for a turnaround based on reducing head count –- they have a target of around 10 percent –- and also reducing operating expenses in general.”

- Shebly Seyrafi, of Caris & Co. Managing Director of Tech Research

© 2008 CNBC.com

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  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