5-Star Big Cap Stocks
Patrick Cunningham of Manning & Napier says your best buys now are big-cap stocks. He might know: his 5-star Manning & Napier Pro-Blend fund is up 10.15 percent over the past five years.
His favorite is Autodesk: "One of the best software franchises, on a global basis."
He likes FedEx. Why? "One of our strategies is to buy into...cyclical slowdown," he explains. "Earlier this year, we also bought UPS. "
He elaborated, "Their competition is diminishing. ...We're going to look back in three years and say, 'aren't we glad we bought these companies?'"
New from CNBC.com:
Disclosure information was not available for Cunningham or his firm.