- 5 Stocks That Benefit from Health Care Legislation: Analysts
- 9 Stocks That Play Rising Water Costs: Strategists
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Rally Could 'Have Some Legs in 2010': Market Strategist
- Expect a 'Square Root-Shaped' Recovery: Chief Investor
- HP to Feed on Enterprise Spending Next Year: Tech Analyst
- How Stock Investors Can Play Holiday Travel
- 3 Growth Opportunities in Tech: Analyst
- Prep Your Portfolio for Next Week: Stock Pickers
- Global Growth Good for Portfolio: Stock Picker
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- China Eastern to Complete Shanghai Air Buy by End '09
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- Gold Will Collapse Like Oil Did in 2008: Charts
- The Social Media Gaming Threat
- Paul: Audit the Fed
- Nielsen Ratings Coming to Video Games
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
- Strong Banks, Weak Credit: Treasury Rethinks TARP
- How Many US Consumers Will Shop this Weekend?
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- World's Largest Share Issue Priced at Deep Discount
- Obama says Boosting US Jobs is Top Priority
- Playboy to Outsource Most Magazine Operations: Report
- Why the Dollar Will Likely Stay Weak for Some Time
- EU Drops Proceedings Against Qualcomm
- Appeals Court Denies Microsoft's Alcatel Petition
RSS FEED
CNBC Stock Blog
Text Size 
Scotsman Capital's Charles Crane says his firm is buying companies it thinks will deliver earnings growth next year — even if overall earnings in the S&P 500 decline 15 to 20 percent or more. That takes Crane into a variety of sectors.
Recommendations:
"These would include some of the traditional defensive categories like health care or consumer names," Crane told CNBC.
Walmart [WMT
Loading...
()
] is a major component of his portfolio; C. R. Bard [BCR
Loading...
()
] is a recent addition.
Technology is represented in the portfolio in Apple [AAPL
Loading...
()
] and Adobe [ADBE
Loading...
()
].
"Their earnings may come down over the next couple of months, as the depth of the recession is more apparent, but we think that earnings will still grow," he explained.
Less certain in the short run is energy, but Crane says it's still worth some selective investing.
"If you give me a couple of years, natural gas looks like the place to be in the overall energy complex," he said. "It's politically expedient — we have it all here, we don't have to rely upon countries that don't like us very much to produce it."
In that category, he likes Anadarko [APC
Loading...
()
] and Transocean [RIG
Loading...
()
].
Disclosures:
Disclosure information was not immediately available for Charles Crane or his company.
Data is a real-time snapshot *Data is delayed at least 15 minutes