Sector Picks: Investing During A Slowdown
Despite oil's gains, the Dow, Nasdaq and S&P continue to move to the upside. CNBC asked the experts where you should put your money now.
Finding Bargains in Financials
"Beaten down stocks, financial services, if you have a strong stomach, you definitely want to be picking around in those areas. But, just be forewarned that you could be in for a wild ride. But a long term investors should be looking in those areas right now."
- Michael Cuggino, Permanent Portfolio Funds
Bullish on Equities
“We think the fear factor is going to go away and the equities are going to recover. The neat thing about the miningsector right now is that they haven’t really reflected the fact that the underlining the commodities, the remedies, are up sharply.”
- Thomas Winmill, The Midas Funds
"Mini small cap stocks are washed out here. And I think if there’s value in this market, it’s in smaller stocks, sub $500 million market cap companies."
- Steve Massocca, Pacific Growth Equities