Investors will have a rough ride until April, says Bill Spiropoulos, CEO of CoreStates Capital Advisors, but he thinks now is the time to put money to work.
“There’s some defensive names like Johnson & Johnson and Procter & Gamble that you can start putting money back to work (in),” he said.
“P&G is more than soap and three-ply toilet paper," he added. "They export to 190 countries, and it’s a fire sale—25 percent off.”
Spiropoulos also likes Goldman Sachs .