Stock Picks: Jump On The Upturn
Jim Hardesty sees the glass more than half full. The president, market strategist and chief economist of Hardesty Capital Management expects recovery -- and he has a few carefully-chosen names for stock investors to consider.
"I think we saw the lows on July 15," he told CNBC. "With the dollar strengthening, oil prices coming down, I think the fundamentals are in place for a decent recovery for the balance of this year."
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So where should that point investors?
Hardesty likes appliance company Whirlpool, toolmaker Black & Decker, medical device producer Stryker, and pharmaceutical giants Bristol-Myers Squibb and Merck.
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Disclosure information for Jim Hardesty was not immediately available.