- Crisis Outlook for Gold, Euro, S&P 500
- Pick Stocks Like Warren Buffett: 'Stupid Cheap'
- Bond ETFs: Hidden Dangers?
- Video: Maria Bartiromo's Market Message
- Energy Stocks for the Long Haul
- Wilbur Ross' $1 Billion Bailout Plan
- Tech Stocks: The Winning Picks
- Strategists Pick Sectors, Stock Index Fund
- Stock Picks: Energy, Healthcare & Financials
- Judgment Day on Wall St.
- Crisis Outlook for Gold, Euro, S&P 500
- Trading the Volatility
- See What People Are Saying About... Dow 10,000 Breach
- Crisis Outlook for Gold, Euro, S&P 500
- Chadwick: Brace Yourself (And Look to Cash)
- Sports Teams a Tough Sell in Today's Market
- Coldwell Bankers' Home Sale Price Reduction: One Tough Sell
- A Bad Case of the Mondays
- Elite XC Gets "Sliced"
- Warren Buffett and J.P. Morgan: The Return of "Profitable Patriotism" After 101 Years
- JPMorgan Froze Lehman Assets Ahead of Bankruptcy
- Like J.P. Morgan, Warren E. Buffett Braves a Crisis
- US Job Market Weakens in September
- Shaky Economy May Last For a While
- Reliant to Seek Strategic Alternatives
- Brazil Stocks Drop 15%, Trading Halted Twice
- Treasury Prices Storm Ahead Amid Safety Stampede
- In Money Markets, Lending Remains Non-Existent
- Full of Doubts, US Shoppers Cut Spending
Text Size 
Ted Parrish, co-portfolio manager of the Henssler Equity Fund, thinks it's time to get involved in some out-of-favor sectors like consumer cyclicals and even financials.
"We think that consumer cyclicals are in a good position right now," he told CNBC. "We would avoid some of the bear traps like housing stocks and some of the fattest retailers."
Recommendations:
So where does he see opportunities for your portfolio?
"Niche consumer cyclicals like Garmin [GRMN
Loading...
()
], the GPS-device maker, are a good way to experience some pretty high returns going forward this year," he said.
And he's even attracted to a bank.
"We bought some Bank of America [BAC
Loading...
()
] last week," he said. "Even though they have a big issue surrounding the dividend, and whether they're going to cut it...I think the company's in a position to do extremely well coming out of this rough patch.
Disclosures:
Full disclosure information for Ted Parrish was not immediately available.
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes