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BlackRock's Doll: Market Has Turned a Corner
By: Andrew Fisher | 25 Mar 2008 | 02:43 PM ET
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Picks and Pans

"No one rings the bell at the bottom, but I think I hear a bell ringing," BlackRock's Bob Doll told CNBC.

Investing's "trillion-dollar man" is the latest to suggest that the market has finally turned the corner.

"I do think an important low occurred last Monday, following the important low in mid-January," he said. 

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Click Here for the Bob Doll Video

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Doll urged investors to pay attention to so-called "early cyclical" stocks.

"Gap [GPS  Loading...      ()   ]. Best Buy [BBY  Loading...      ()   ], TJX [TJX  Loading...      ()   ], are among the names that we own," he said.  "But we still like the multi-nationals, the technology names that you've heard us talk about before, the Hewletts (Hewlett Packard) [HPQ  Loading...      ()   ], the IBMs (IBM) [IBM  Loading...      ()   ].  We still like the health-care companies, Pfizer [PFE  Loading...      ()   ], with a yield over 6 percent."

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