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Overselling = Stock Buying Opportunity
There are now opportunities to buy oversold stocks in every sector, says Christian Gattiker-Ericsson, strategist at Julius Baer.
"The market is discerning between the winners and losers -- and not just in financials," said Gattiker-Ericsson.
For instance, "JP Morgan [JPM
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"We see some companies being sold off without the [justification of] higher risk. Our tactical indicators are showing many oversold companies."
The strategist advised investors to consider defensive sectors like health care -- and choose carefully.
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Top Health Care Stocks:
- Johnson & Johnson [JNJ
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- Procter & Gamble [PG
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- Kimberly-Clark [KMB
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