- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
- Expect Tech Sector to Rise in Q4: Strategist
- Expect a 5-10% Market Pullback: Stock Picker
- 3 Stock Picks for This Volatile Environment: Portfolio Manager
- 3 Financial Stocks May Lead Final Rally: Market Researcher
- Gold's 'Money' Value is $4,000 to $11,000: Market Strategist
- Commercial Real Estate Bottom Near: Market Pro
MOST SHARED
- Wall Street Finds Profits by Reducing Mortgages
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- What if a Recovery Is All in Your Head?
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- China Industrial Bank Eyes $2.64 Billion Rights Issue
- China Should Stop Property Stimulus Now: Central Bank
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- U.S. Stocks Slip, Dollar Rises
- How Stock Investors Can Play Holiday Travel
- Time Lapse World Series Is A Great Play
- Hirschhorn: Greed...or Fear
- My Top 10 Tech Toys for the Holidays
- iPhone a Better Gaming Platform Than Android?
- May Day For Dendreon
- 100% Mortgage Financing From USDA
- Wave of Debt Payments Facing US Government
- US Job Losses to Bottom out Next Quarter: NABE
- Little Sign of Inflation on the Horizon: IMF
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- MBS Program Should be Extended: Fed's Bullard
- JPMorgan's Dimon Could Succeed Geithner: Report
- Wall Street Finds Profits by Reducing Mortgages
- Warren Buffett, Bill Gates 'Walk & Talk' At Columbia
- Microsoft, News Corp Weigh Online News Pact
RSS FEED
CNBC Stock Blog
Text Size 
"We think equities are the asset class to be in," David Fording told CNBC. The manager of the four-star William Blair Growth Fund also has some ideas about the star pupils in that class.
Recommendations:
"We're buying a company like Fastenal [FAST
Loading...
()
]," he said. "They're an industrial distributor, about a $7 billion market cap; we do think there will be a re-acceleration in U.S. growth, probably before the re-acceleration in global growth."
Lots of companies are leveraged to U.S. markets, so why Fastenal?
"They have a new growth initiative called 'Pathway To Profit' that we think will enable them to grow through any sort of malaise in the U.S. industrial sector," he said.
In technology, Fording likes FLIR Systems [FLIR
Loading...
()
].
"They make infrared cameras and thermography cameras," he said. "The applications are used by the federal government; 50 percent of their revenue is government-related, mostly serving the Department of Defense. This company has 'unbelievability' into their forward revenue, which is something we like in this uncertain environment."
Also on his list are trade-school operator DeVry [DV
Loading...
()
] and animal-health technology company IDEXX Laboratories [IDXX
Loading...
()
].
_________________________________________
CNBC Video Reports:
_________________________________________
Disclosures:
Disclosure information for David Fording was not immediately available.
Data is a real-time snapshot *Data is delayed at least 15 minutes