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Stock Picks: Jump On The Upturn

Andrew Fisher
Wednesday, 3 Sep 2008 | 10:30 AM ET

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.

Market Pulse Check
Insight on why the market looks brighter post-Gustav and how to put your cash to work in the right sectors, with Mike Holland, Holland & Company and James Hardesty, Hardesty Capital Management

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More Investor Tips:

- CNBC Video: The Best Commodity Bet Now

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Disclosures:

Disclosure information for Jim Hardesty was not immediately available.

Disclaimer

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