Robert Zagunis says investors should put their money into shares of diversified international companies.
"They've got to be where the action is," he told CNBC.
For Zagunis to favor a company, it must also meet some strict standards: A return on equity of 15 percent or more per year for ten years; an increasing trend of free cash flow; and superb management.
His four-star Jensen Portfolio is up an average of 4.4 percent per year over the last three years.
His first pick is Automatic Data Processing .
"They've shed a couple of their slow-growing businesses recently," he noted. "They basically have accelerated their performance based on operating efficiencies based on investments in technology."
Also on his list is Johnson & Johnson.
"They've finally integrated the Pfizer consumer-health acquisition...faster than we expected, so we believe that the performance will actually accelerate," he said. "J&J is so strong that we think there is something major on tap for them; not quite sure what, but they have the horsepower to do it."
Zagunis also likes Wells Fargo.
Learn more: Watch the entire interview (video, below):