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Sep.30
4:01 PM ET
Tuesday, 30 Sep 2008
Stock Picks: Select Financials & Mid-Caps

David Sowerby, of Loomis Sayles & Co, says more indicators are pointing toward a market bottom. 

“You want to avoid the capitulation trade, which is selling very near the very bottom of a classic bear market, and you want to stick to high free-cash-flow-generating companies."

He recommends investors buy select financials and small to mid-cap stocks.  His favorite picks are US Bancorp [USB  Loading...      ()   ], Rollins [ROL  Loading...      ()   ] and Interactive Data Corp [IDC  Loading...      ()   ].


Disclosures:

Disclosure information was not available for Sowerby or for his company.

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